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Aug 08 - 03:55 AM

AUD/USD - Kicks Off Anohter Attempt To Break Bullish Barrier

By Ewen Chew  —  Aug 08 - 01:55 AM
  • AUD/USD rises to 0.6938, edging toward 0.6945 resistance

  • Ichimoku cloud likely to obstruct further advance

  • But a Mon close above will pave way toward 0.6990

  • Entrance of Bollinger uptrend channel may pivot it higher

  • China's July exports handily beat expectations nL1N2ZJ04U

  • But fresh Chinese drills near Taiwan may bog AUD nL1N2ZK06O

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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