Morning market update 19 07 2021
By Scott Andrews
Morning market update 19 07 2021:
Quiet day news wise today with the USDJPY taking out the stop loss that was moved on Friday night. The DXY has no significant news coming out today and this plus the overhead resistance at 92.70 could see a sell off back down to 92.30 support. The AUDUSD below 0.74 is bearish for this pair and will be following the reaction to the RBA minutes released at 09:30 GMT+8 with a focus also on the AUDNZD to see if price can break through 1.0539 support and trigger a sell trade below that level.
US index 19 07 2021
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