Fed resolution issued this week
2020/6/9Australian dollar exchange rate affected due to China’s travel warning to Australia, Fed relaxes conditions for Main Street loan program
2020/6/10
1. Short-term resistance line has formed.
|
Resistance / Support |
Remarks |
Resistance 3 |
1740 |
Previous high |
Resistance 2 |
1730 |
Major resistance + Downward trendline (1) |
Resistance 1 |
1720-21 |
Major resistance + 20 Days MA |
Market Price |
1716 |
@ 10:43 |
Support 1 |
1700-04 |
50 Days MA + 1700 Major support |
|
Support 2 |
1690 |
- |
Support 3 |
1690 |
Previous low |
*Risk Warning: Trading on bullion with margin carries a high degree of risk.