TRADING
TIPS :
AUD/USD hit 0.9374 during early European trade,
the session low; the pair subsequently consolidated at 0.9372, easing
0.13%.The pair was likely to find support at 0.9338, the low of July
18 and resistance at 0.9424, the high of July 25.The greenback
remained supported ahead of preliminary data on U.S. second-quarter
growth and the Federal Reserve’s latest rate statement, both due on
Wednesday. Investors were also awaiting the July employment report on
Friday.
INTRADAY
OUTLOOK
Support:
0.9360
Resistance:
0.9376
RECOMMENDATION:
1.
Buy AUD/USD Above 0.9378 TG: 0.9398/ 0.9428 SL 0.9348
2.
Sell AUD/USD Below 0.9359- TG: 0.9339/0.9309 SL 0.9389
INTRADAY
OUTLOOK
Immediate
Support: 1.3389
Immediate
Resistance: 1.3488
RECOMMENDATION:
1.
Buy EUR/USD Above 1.3490- TG: 1.3510/1.3540 SL 1.3470
2.
Sell EUR/USD Below 1.3391- TG: 1.3371/1.3341 SL 1.3421
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