AUD/USD bulls continue to resist

Huitong Network10month24Daily News - Monday(10month24day)As the Asian market opened, the AUD/USD bulls continued to resist,0.76The integer level has become the lifeline of bulls. Currently, the exchange rate is traded at0.7612Nearby, the lowest point touched within the day0.7595。

The strong US dollar has become the main driver of commodity currencies. Last trading day, the US dollar index created over8Month high98.81. Brown Brothers Harriman analyst pointed out: "From the graph, it can be seen that the US Composite Index50Rihe200Daily moving average golden cross, US index will hit100The integer level

However, the commodity market has been exceptionally prosperous recently, and Australian dollar bulls may feel some comfort. The daily price of coke on Dalian Commodity Exchange has been achieved13Lianyang, price touched2013year10New high since the beginning of the month1584element/Tons.
Australian dollar bulls are sticking to it0.76At the critical juncture, the strength of commodities may become a life-saving straw

technical analysis
Low gear support located at0.7529（200Daily moving average and annual upward support line0.7508as well as9Monthly low point0.7443. High end pressure is located on the upper edge of the oscillation range0.7730/60Area and4Monthly high point0.7836。


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