• 724 days Will The ECB Continue To Hike Rates?
  • 725 days Forbes: Aramco Remains Largest Company In The Middle East
  • 726 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,126 days Could Crypto Overtake Traditional Investment?
  • 1,131 days Americans Still Quitting Jobs At Record Pace
  • 1,133 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,136 days Is The Dollar Too Strong?
  • 1,136 days Big Tech Disappoints Investors on Earnings Calls
  • 1,137 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,139 days China Is Quietly Trying To Distance Itself From Russia
  • 1,139 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,143 days Crypto Investors Won Big In 2021
  • 1,143 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,144 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,146 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,147 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,150 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,151 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,151 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,153 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

AUD/USD: Bouncing Near The Support at 0.8928

AUD/USD made an intraday bullish reversal yesterday, suggesting persistent buying interest. Monitor the horizontal range defined by the support at 0.8928 and the key resistance at 0.9086. Another support lies at 0.8874.

The long-term technical pattern is negative and favours a further decline towards the key support at 0.8067 (25/05/2010 low), as long as prices remain below the resistance at 0.9168 (02/12/2013 high, see also the 200 day moving average).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment