Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Dec 06 - 02:36 AM
AUD/USD - Sinking As Sentiment Increasingly Bearish
First appeared on eFXplus on Dec 05 - 10:35 PM
  • AUD/USD 0.66% lower around session low at 0.7220, as market turning bearish
  • Risk off mood in Asia sparked by arrest of Huawei CFO in Canada
  • S&P futures volatile, down 1.4% late morning and US/China relations strained
  • Aus Retail Sales solid, but didn't stem dovish turn in RBA expectations
  • AUD/USD broke 38.2 of 0.7021/0.7394 at 0.7251 with stops triggered below
  • Some minor support around 0.7200 and 55-day MA at 0.7191
  • Objective of move at the 61.8 of the 0.7021/0.7394 move at 0.7163

audusd Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!