AUDUSD Rate Approaches Monthly High with US & China to Meet at G20

AUDUSD Rate Approaches Monthly High with US & China to Meet at G20

Recent price action in AUDUSD brings the monthly-high (0.7022) on the radar as the exchange rate extends the series of higher highs and lows from the previous week.
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Paul Robinson

Paul Robinson   

Currency Strategist

Currency Pair:  USDCAD & EURGBP
Expertise: Technical
Average Timeframe of Trade: Several days to several weeks
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James Stanley   

Currency Strategist

Currency Pair:  EURUSD, USDCAD, AUDUSD, USDJPY
Expertise: price action, macro
Average Timeframe of Trade: few days - few weeks

Technical Analysis

Canadian Dollar Price Outlook: Loonie Gains Slam USD/CAD into Support

An outside-weekly reversal in the Canadian Dollar cleared the monthly range last week. Here are the levels that matter on the USD/CAD price charts into the June close.
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The bullish engulfing pattern is an easy to identify reversal signal when used correctly. Learn how to trade using the bullish reversal.
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Data updated in real-time.
  Clients Long Clients Short Signal
EUR/USD 
GBP/USD 
USD/JPY 
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Central Bank Rates

Currency Central Bank Rate
   aud
1.25%
   nzd
1.50%
   eur
0.00%
   cad
1.75%
   gbp
0.75%
   usd
2.25 - 2.50%
   chf
-0.75%
   jpy
-0.10%
   MXN
8.25%

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