Forex - Chart AUD/USD Update: Balanced in range - daily studies continue to improve


 08:00 (GMT) 14 Aug

  [Forex Charts]

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Chart AUD/USD Update: Balanced in range - daily studies continue to improve (0101-NLYB-C01)

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Asterisk denotes strength of level

08:50 BST - No significant change, with AUD/USD balanced in consolidation within 0.6750-0.6800 whilst intraday studies edge lower. Daily readings, however, are turning higher, suggesting a later break above 0.6800 towards 0.6829/30. Clearance of here will confirm continuation towards the 0.6866/68 area and 0.6878 Fibonacci retracement. Meanwhile, any slippage below 0.6750 should stabilise above the 0.6675 weekly low of 7 August.


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