AUD/USD hit 0.9374 during early European trade, the session low; the pair subsequently consolidated at 0.9372, easing 0.13%.The pair was likely to find support at 0.9338, the low of July 18 and resistance at 0.9424, the high of July 25.The greenback remained supported ahead of preliminary data on U.S. second-quarter growth and the Federal Reserve’s latest rate statement, both due on Wednesday. Investors were also awaiting the July employment report on Friday.
INTRADAY OUTLOOK
Support: 1.6930
Resistance: 1.6955
RECOMMENDATION:
1. Buy GBP/USD Above 1.6955- TG: 1.6975/ 1.7005 SL 1.6925
2. Sell GBP/USD Below 1.6930- TG: 1.6910/ 1.6880 SL 1.6960
INTRADAY OUTLOOK
Immediate Support: 1.3410
Immediate Resistance: 1.3440
RECOMMENDATION:
1. Buy EUR/USD Above 1.3440- TG: 1.3460/1.3490 SL 1.3410
2. Sell EUR/USD Below 1.3410- TG: 1.3390/1.3360 SL 1.3440
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment