AUD/USD Trading Lower, Australian Export Prices Improve

by Benzinga Staff
October 27, 2016 5:56 AM | 24 seconds read | Make a Comment

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

AUD/USD is trading at 0.7620, down 0.0027.The pair is trading just above the session lows early Thursday morning. Australia's Bureau of Statistics (ABS) reported that export prices rose 3.5 percent in the third quarter after a rise of 1.4 percent in the second quarter. Import prices fell 1.0 percent during the third quarter versus a fall 1.0 percent in the second quarter. The agency is scheduled to report producer prices (PPI) at 8:30 p.m. ET. Trading is rangebound.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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Posted In: FuturesForexMarketsAUD/USDAustralian dollar

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