By John Noonan — Dec 06 - 07:45 PM
Aus Q3 GDP came in slightly softer than expected, but no reaction in AUD/USD nAZN0TEQLT
AUD/USD trading around 0.6695 after closing US session at 0.6688
AUD/USD getting some light support from AUD/NZD demand in early Asia
AUD/USD trading around 21-day MA and a close below would signal end of trend higher
Resistance is at the 10-day MA at 0.6734 and Tuesday's 0.6744 high
It may struggle due to hawkish Fed expectations and global growth concerns
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary