Previous close | 0.6695 |
Open | 0.6695 |
Bid | 0.6675 |
Day's range | 0.6664 - 0.6711 |
52-week range | 0.6272 - 0.7092 |
Ask | 0.6674 |
Investing.com-- Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders awaited more cues on interest rates from the Federal Reserve this week.
The Aussie continued to see a lot of noise during the week, as we broke out of a rectangle, and then turned around to show signs of support. Will it hold? That will be the biggest question at this point.
The Aussie dollar has fallen during the early hours on Friday to reach a previous resistance barrier, thereby perhaps showing a bit of “market memory” if it holds as support. Obviously, this is going to be a pivotal trading session for the Aussie going forward.