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

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

Published date: 19 Jun. 2019 | 20:18

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

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