European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 27, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Australian Dollar rallied overnight, after higher than expected inflation data. AUD/USD rose from 0.6990 to a high of 0.7040, while AUD/NZD climbed from 1.0750 to 1.0845. Immediate resistance in AUD/USD is seen at 0.7050, but 0.71 remains the key level to watch in the short-term. Intraday support can be expected at 0.6970 and 0.6920.[​IMG]

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