AUD/USD Now Looks to 0.7262 – Commerzbank

AUD/USD Now Looks to 0.7262 – Commerzbank

10 May 2016, 12:39
Roberto Jacobs
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AUD/USD Now Looks to 0.7262 – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerbank, the Aussie dollar could slip to the 0.7260 area.

Key Quotes

AUD/USD remains under pressure and attention has reverted to the 200 day ma at .7262, where we would expect to see some consolidation”.

“We note the 13 count on the 240 minute chart and will sell on the bounces”.


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