USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
AUD/USD: a bet on the stronger greenback
Information is not investment advice
How to make a bet on a less dovish Federal Reserve? One of the options is to try selling AUD/USD. The pair’s trading below the weekly pivot point in the 0.7060 area. This area provided support for the pair in February and at the beginning of April. Now it will act as resistance. The decline may target the psychologically important level of 0.70 as well as 0.6950.
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