AUD/USD




AUD/USD


AUD/USD Intraday: the bias remains bullish.

Pivot: 0.6835

Comment:
the RSI advocates for further upside.

Alternative scenario:
below 0.6835 look for further downside with 0.6820 & 0.6810 as targets.

Our preference:
long positions above 0.6835 with targets at 0.6860 & 0.6880 in extension.





Related News




Latest News
Macron Braces for Second Day of Protests Against Pension Reform
10.12.2019 05:09
(Bloomberg) -- Emmanuel Macron is bracing for round-two of a clash with labor unions over his plan to upend France’s pension system, in what could become the defining moment of his presidency. Labor unions will stage a repeat of last week’s mass protests on Tuesday to load pressure the day before Macron’s government announces the final version of
Read more
Japan’s 10-Year Yield Climbs to Zero for First Time Since March
10.12.2019 05:06
(Bloomberg) -- Japan’s 10-year bond yield rose to zero for the first time in nine months amid waning global demand for debt. The nation’s benchmark yields are rising for a fourth month after the Bank of Japan slashed debt purchases and refrained from adding any more easing measures. Bonds have also fallen as optimism that the U.S. and China may
Read more
Australia cartel case against Citi, Deutsche delayed by late night witness statement
10.12.2019 05:03
SYDNEY (Reuters) - An Australian criminal cartel lawsuit against Citigroup Inc (N:C) and Deutsche Bank AG (DE:DBKGn) was postponed on Tuesday after defense lawyers complained the prosecution had given them a redacted statement for a key witness late on the previous day. Though for just one day, the delay raises the chance of pre-trial hearings
Read more
Indonesia October retail sales grow at fastest pace in five months
10.12.2019 04:09
JAKARTA (Reuters) - Growth in retail sales in Indonesia accelerated to 3.6% in October from a year earlier, the fastest pace in five months and picking up strongly from September's 0.7%, a central bank survey showed on Tuesday. Growth was mainly driven by increased sales of food and auto parts, although sales of communication equipment
Read more
U.S. lawmakers reach deal on must-pass annual defense policy bill
10.12.2019 04:06
WASHINGTON (Reuters) - The U.S. House of Representatives and Senate Armed Services Committees announced on Monday they had reached an agreement on a $738-billion bill setting policy for the Department of Defense, after months of negotiations. Aides said they expect the National Defense Authorization Act, or NDAA, to pass before the end of 2019.
Read more