CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.

AUD/USD technical analysis: Aussie jumps near 0.6900 as Dollar gets slammed post-FOMC

2019-06-20 02:15

  • The Fed is leaving its overnight rate unchanged. 

  • The US Dollar gets sold off across the board after the news.





AUD/USD 30-minute chart



As the Fed leaves overnight rates unchanged AUD/USD is trading above its main SMAs suggesting bullish momentum in the near term. A sustained break above 0.6900 can send the Aussie to 0.6930 and 0.6960. Resistances are seen at 0.6880/0.6870 and 0.6855 level. 





Additional key levels





 


This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

Economic news

    Exchange Rates

    GBPUSD +0.30% 1.29491
    EURUSD -0.21% 1.16458
    XAUUSD +0.50% 1878.28
    XTIUSD -0.82% 35.889
    NAS100 -1.13% 11100.5
    US30 +0.58% 26606.9