Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 24 - 11:55 PM

AUD/USD - Consolidates Above 0.7500 As Broad USD Selling Underpins

By John Noonan  —  Mar 24 - 11:15 PM
  • AUD/USD opened +0.17% at 0.7513 after bouts of AUD/JPY buying supported

  • After trading at 0.7500 early Asia it edged higher when USD broadly eased

  • USD/JPY led the USD lower - falling over 0.50% at one stage

  • AUD/USD traded to 0.7525 before settling around 0.7515 into the afternoon

  • Resistance is at Oct 28 high at 0.7555 with sellers tipped ahead of 0.7550

  • More resistance is at the 61.8 of the 0.8007/0.6967 move at 0.7609

  • Support is at former resistance at 0.7440 and the 10-day MA at 0.7386

  • AUD/USD overbought and may correct if AUD/JPY is forming a top

  • For more click on FXBUZ









aud/usd Click here

aud/usd 2 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!