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Australian Dollar Technical Outlook: AUD/USD, AUD/JPY, AUD/CHF
2021-01-13 03:00:00
Daniel Moss,
Analyst
Australian Dollar, AUD/USD, AUD/JPY, AUD/CHF, Technical Analysis – Talking Points:
AUD/CHF eyeing a push to challenge the 200-week moving average.
Inverse Head and Shoulders pattern hints at extended gains for AUD/JPY.
AUD/USD poised to climb to fresh multi-year highs after slicing through key resistance.
As mentioned in previous reports, Australia’s success in suppressing the novel coronavirus, in tandem with soaring commodity prices, may underpin the cyclically-sensitive AUD in the coming months. Bullish technical setups across multiple Australian Dollar crosses also suggest that the currency is poised to continue outperforming its haven-associated counterparts. Here are the technical levels to watch for AUD/CHF, AUD/JPY and AUD/USD rates. ....

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