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TDUX
Oct 26 - 05:55 PM
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AUD/USD - Softens As Broader Market Mood Marginally Improves

By James Connell  —  Oct 26 - 04:40 PM

• AUD/USD -0.3% from Mon 0.70395 high despite marginal lift in risk sentiment

• WTI -1.8% to $101.47 a barrel as Saudi defence pact seeks peace in Tehran

• AU Q3 CPI release due Wed, Reuters poll consensus 1.2% q/q, +3.9% y/y

• FOMC outcome and accompanying dialogue Wed will be closely watched

• AUD continues to encounter sellers between 0.7033 100-DMA & 0.7053 200-DMA

• Overnight range 0.7013-39 support 0.6865 0.6834, resistance 0.7053 0.7282
AUD Daily 21/100/200-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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