Australian dollar in the Asian session marked to deliver the position, but as we approach the opening of tenders in Europe Bulls intercepted initiative, resulting in the present time they are re-testing orders for the sale of $ 0.7570/80, break above which will open the way for the next round of orders for sale some figures and then to $ 0.7620/30. Currency strategists RBS notes that the potential for growth in recent months of the maximum remains, but they believe in the value of the Australian currency is already included a lot of positive factors and in dealing with resistance near $ 0.78 is expected to weaken the positive momentum. The Bank believes that these levels of AUD / USD could move to the stage of correction, perhaps to $ 0.73, where the bulls will probably re-activated and will make new attempts to assault the said resistance. Meanwhile, UBS analysts also see risks correction AUD / USD from current levels, noting that recent data from Australia may be cooling the ardor few bulls, although the latter can now count on the number of positive factors that will support the Australian dollar in the long run. As UBS notes that the public debt is growing, but financial assets remained relatively robust, and interest in them is likely to continue, particularly from Asian investors. The bank notes that there are risks to the correction of a pair of $ 0.72, but stressed that such levels would be good for shopping, given the possibility of growth of AUD / USD to $ 0.80.
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