1022 GMT [Dow Jones] AUD/USD has stiff resistance close by, says
Barclays, and so although the near-term trend is higher, the upside is
probably limited to the weekly cloud top at 1.0230 or the 200-day
moving average near 1.0250. On the downside, the bank says a break
below 1.0055 is needed to assume a top is in place. AUD/USD now at
1.0152. (gary.stride@dowjones.com)
Contact us in London. +44-20-7842-9464
Markettalk.eu@dowjones.com
(END) Dow Jones Newswires
June 19, 2012 06:22 ET (10:22 GMT)
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