THREE-PEAT ON THE WAY FOR AUDUSD? AUDUSD found bids at .8874 overnight, a long-term uptrend support that dates back to mid-2010 and also the 76.4% Fibonacci...
Stonex
THREE-PEAT ON THE WAY FOR AUDUSD? AUDUSD found bids at .8874 overnight, a long-term uptrend support that dates back to mid-2010 and also the 76.4% Fibonacci retracement of the May 2010 low-July 2011 high. Needless to say, a break of this level, regardless of several oversold momentum-based indicators at present, will put the 2014 low of .8660 in play.
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise