fxstreet.com 05 Feb, 2021 12:30 am

The risk of further short-term weakness remains in place – Credit Suisse

The risk of further short-term weakness remains in place – Credit Suisse
The AUD/USD pair is back pressuring the 55-day average at 0.7595, increasing the risk of further near-term weakness again, analysts at Credit Suisse a

The AUD/USD pair is back pressuring the 55-day average at 0.Key quotes “AUD/USD is back under pressure in line with its recently completed small top and is pressuring the crucial 55-day average, currently at 0.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.

7464/57, just below the ‘measured top objective’ at 0.Removal of here would question the top and expose the late January high at 0.

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