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Derived real-time data in partnership with:
Thomson Reuters
Jun 12 - 09:48 PM
AUD/USD - AUD/JPY Likely The Driver Of AUD Today In Asia
First appeared on eFXplus on Jun 12 - 07:30 PM
  • No tier 1 component data suggests that the cross/risk will lead AUD intraday
  • Cross trades +0.1% early - JPY led - recovering yesterday's 0.1% loss
  • Trades towards the top of a broad 80.50/84.50 range, held since early March
  • Quadruple daily top at 84.50 makes this level major resistance
  • Momentum studies flat line, 5, 10 & 20 DMAs conflict - neutral setup
  • NY 83.47/83.99 range is initial support/resistance

auj jun 13 Click here

Source:
Thomson Reuters IFR Markets

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