AUD Daily Review for January 11, 2018
|EUR/USD: Neutral (since 09 Jan 18, 1.1965): In a 1.1870/1.2050 range.We just turned neutral on EUR yesterday and there is no change to the view (see update here). As highlighted, improved shorter-term downward momentum suggests immediate downward pressure but we continue to view any weakness as part of a broader 1.1870/1.2050 consolidation range an|
|EUR/JPY and GBP/AUD are both positioned for lower prices in the near-term; depending on trading style each offers a different type of opportunity.|
|The US dollar fell significantly against the Japanese yen during the trading session on Wednesday, slicing through an uptrend line, breaking down below the b…|
|India’s financial regulator punished top accounting firm PwC for its involvement in one of the country’s biggest corporate scandals.|
Have a nice trading!