crude oil bounce

Yesterday’s RBA (Reserve Bank of Australia) minutes had only a slight impact on the AUD/USD trend, moving the major 10 pips up in a neutral position. In terms of technical analysis, the price has the support at the 100 SMA (Simple Moving Average) meaning 0.7236 going towards the 200 SMA resistance at 0.7265, but recovering from 0.7160. RBA’s mi...

2015-12-16 Kira Vessiari Read more