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21 Feb 2014
Flash: AUD/USD to find floor at 0.8916? - OCBC Bank
FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank believes that AUD/USD may find a floor around 0.8916.
Key Quotes
"The antipodeans managed to shake off the negativity from the disappointing China PMI by late NY on Thursday.”
“In the short term, the AUD/USD may find a floor towards the 55-day MA (0.8916) while the 0.9105 area may cap if global growth concerns continue to circulate."
Key Quotes
"The antipodeans managed to shake off the negativity from the disappointing China PMI by late NY on Thursday.”
“In the short term, the AUD/USD may find a floor towards the 55-day MA (0.8916) while the 0.9105 area may cap if global growth concerns continue to circulate."