AUD/USD: Current strength to stall at the 0.7315/40 area – Credit Suisse

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AUD/USD: Current strength to stall at the 0.7315/40 area – Credit Suisse
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AUD/USD: Current strength to stall at the 0.7315/40 area – Credit Suisse AUDUSD Banks

Signs of further strength

“A move back below the October downtrend and recent lows at 0.7171/64 would quickly reassert the core bearish trend, with next supports seen at 0.7099/84, then 0.7063/49 and eventually the YTD lows at 0.6972/62.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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