Early in Sydney, that is, late in US trade
This some of the levels (via US timezone, still too early for Australia)
Resistance area
- initially 0.7720/30
- then 0.7755/65, 0.7790/00
Support
- 0.7685/95/00 initially
- then 0.7675
Trade tensions, interest rate differentials weighing on the rallies (and a general risk off malaise!), while dips are seeing buyers looking at steady domestic data, gradual improvement. My bias is with the sellers but with plenty of two-way movement there should be something for the scalpy type buyers.
Anyone remember this guy from yesterday? Nailed it! ;-)
