AUDUSD – Aussie Dollar Struggle To Continue Vs US Dollar

Key Highlights The Aussie Dollar remained under pressure with resistance at 0.7550 and 0.7460 against the US Dollar. There is a monster bearish trend line resistance formed at 0.7540-50 on the 4-hours chart of AUDUSD. Today in Australia, the trade balance for March 2017 released by the Australian Bureau of Statistics posted a trade surplus of 3,107M. Today in the ...
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AUDJPY Sellers Looking To Take Pair Lower?

AUDJPY Sellers Looking To Take Pair Lower? Key Highlights             Aussie Dollar struggled to break the 90-40-50 resistance area against the Japanese Yen, and formed a topping pattern. There was a support trend line formed on the hourly chart of the AUDJPY pair, which was breached to clear the way for more losses. Australian trade balance released by th...
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