DJIA25962.44
LIVE-173.35(-0.66%)
NDX7664.47
LIVE-54.85(-0.71%)

AUD/USD - Highest daily close since September


Tuesday, 23 January 2018 08:26 WIB

AUD/USD,


c_740_198_16777215_00_images_assets_CURRENCY2_AUD-USD-Irrational-Numbers-Fundamental-Analysis-fx-trader-forex1.jpg

Despite the relentless rise in the treasury yields and the overbought conditions, the Aussie dollar closed above 0.80 yesterday - its highest close since September 19.

As of writing, the AUD/USD pair is trading at 0.8005 levels and the 10-year US Treasury yield is flatlined at 2.66 percent. Meanwhile, the 2-year yield is trading at 2.07 percent.

AUD/USD Technical Levels

Immediate resistance is pegged near the 0.8035 levels.  A violation there would expose resistance at 0.8070 and 0.8100 levels. On the flip side, retracement back below the 0.80 handle, leading to a subsequent break under 0.7980 level (yesterday's lows), could accelerate the fall towards 0.7940 support en-route the 0.7900 round figure mark.

Source: FXstreet


RELATED NEWS

  • The AUD/USD pair remains modestly changed at 0.6765 after the Reserve Bank of Australia (RBA) released minutes of its August 07 meeting on early Tuesday. Although the Aussie central bank left its mon...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.