AUD/USD chart: Trendline off March 24 low caps downside

FXStreet (Bali) - The rise in the AUD/USD has produced fanning trendlines, each showing a steeper angle as bulls keep control of price. At present, the trendline coming from March 24 low is still caps the downside ahead of the Australian financial report at 00.30GMT and RBA Stevens speech at 3GMT and again at 6GMT.





Enlarge


AUD conquering 200 DMA – FXStreet

Ivan Delgado, head of Asian editors, explained in an article that AUD/USD broke and closed above the 200-day MA.
আরও পড়ুন Previous

USD/JPY balanced squarely in Asia

USD/JPY had been a slow burner overnight and there have been no developments in Asia while the pair is stuck in range 25/33 on the 102 handle.
আরও পড়ুন Next