Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Daily technical outlook for AUD/USD: Societe Generale

Quotes from Societe Generale Cross Asset Research:

-AUD/USD accelerated the down move and tested dual channel support at 0.7590. Downtrend still remains intact. Short term though, the pair has rebounded towards multi month descending channel at 0.7960.

-A break above will mean a test of 0.8050/70 and even 0.83. Only a break below 0.7590 will mean an extended downtrend.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.