Angela Mangan

QMG Pty Ltd

The AUD/USD previously generated a technical buy signal at 0.7228 on 22/2/16. At that point the technical outlook turned positive. The AUD/USD technicals remain positive given there is no sign of a technical top formation emerging. Major resistance to watch is now located at 0.7681. A New York close above 0.7681 if it occurs, would indicate the potential for a further rally to 0.7850. (Although the AUD/USD has spiked above the 0.7681 level during intra-day trading, it has not yet been able to sustain the upside break on a closing basis).

1 topic

Angela Mangan
Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.


I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.