Dollar Australien/Dollar AméricainMis à jour AUD/USD Back at Pivotal Resistance
Aussie has been testing this resistance zone for nearly six-weeks now at 6676/90 - a region defined by the 61.8% retracement of the December decline and the 100% extension of the April advance.
A breach / close above this threshold is needed to mark uptrend resumption towards the 78.6% retracement at 6762.
Support rests at 6579 with near-term bullish invalidation at the 200DMA (currently 6547).
Bottom line- a six-week range breakout is pending with the immediate focus on a reaction here off key resistance. Watch the weekly close.
Michael Boutros, Sr Technical Strategist with Forex.com
MBForex
A breach / close above this threshold is needed to mark uptrend resumption towards the 78.6% retracement at 6762.
Support rests at 6579 with near-term bullish invalidation at the 200DMA (currently 6547).
Bottom line- a six-week range breakout is pending with the immediate focus on a reaction here off key resistance. Watch the weekly close.
Michael Boutros, Sr Technical Strategist with Forex.com
MBForex
Transaction en cours
The June opening-range is preserved into the close of the month- US core PCE on tap Friday. The focus remains on a breakout of the 6575-6690 range for guidance
Levels Unchanged. .
Michael Boutros, Sr Technical Strategist with Forex.com
MBForex
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.