USD Trading Outlook (06-05-2015)

AUD/USD
• Pair c200-HMA at NY open, USD bid in Europe, erodes post-RBA gains
• USD hit on worse than f/c Mar trade data, post-RBA spike high tested
• ISM services beat dips pair ~0.7890, dip bought as USD tumble resumes
• Mkt ignores rising US Tsy yields & pushes pair to 0.7955 high
• Little pullback, Techs lean bullish, bull engulfing candle, RSI biased up
• Oz retail sales & China services PMI the risks in Asia

Back to Currencies Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.