AUD/USD is up 1.7% from Thursday’s low. The pair is expected to head towards the target of 0.7090/0.7130 representing last August's high, according to economists at Société Générale.
Favour return over 0.70
“AUD/USD has recently overcome the 200DMA and crossed above the consolidation since December; this affirms persistence in upward momentum. Defending the Moving Average at 0.6830/0.6810 would be crucial for further up move.”
“The pair is expected to inch higher gradually towards last August's high of 0.7090/0.7130. This could be next potential resistance zone.”
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Tinggalkan pesan Anda sekarang