Technicals

Add as a preferred source on Google

AUD/USD threatens Trend-Line off Apr high, spreads & commodities aid lift

AUD/USD threatens Trend-Line off Apr high, buoyed by wider spreads & commodity bid Firm AUD crosses & bullish RSIs help move rally along Breaks put April's high in play, market will need help to crack that high Resistanc…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • AUD/USD threatens Trend-Line off Apr high, buoyed by wider spreads & commodity bid 

  • Firm AUD crosses & bullish RSIs help move rally along

  • Breaks put April's high in play, market will need help to crack that high

  • Resistance above the trend-line daily highs at 0.8005 & 0.8031 

  • Pair could test 0.8300 on soft US retail sales, sub-0.7785 eases bull pressure 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560