The Asian Markets – AUD/USD | Asia Capital Markets
Coming Soon

The Asian Markets – AUD/USD

September 18, 2020 by Mario Soto

Today in the Asian markets we see the AUD/USD flirting around the 0.7300 after recovering from its low of 0.7257. However, any attempt to move beyond this point has been met with much resistance. Even positive unemployment data could’t keep the bears away after Australia recorded only 6.8% unemployment as opposed to 7.5%. Technically its a hard one to trade this week however, with the weak sentiment surrounding the pair we could see a bearish twist and see it take a dive below 0.7257 yesterday low. Should this happen you may want to consider a short term target of 0.7215. On the flip side should it break the yesterdays high at 0.7352 consider 0.7350 as your next level of resistance.   #AUD #AUDUSD #unemployment #asiasession #ACM #AsiaCapitalMarkets,

Other News & Market Analysis Posts

Interested in expanding your knowledge about our services

Interested in expanding your knowledge about our services

Whether you’re just getting started or looking to sharpen your skills, our eBooks are designed to help you dive straight in to the world of forex trading. Learn everything from basic to more advanced techniques and much more. Simply fill out the form below to get access to your FREE ebook Now!