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TDUX
Oct 21 - 05:55 PM
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AUD/USD - Sentiment Upbeat On Rising Chance Of RBA Hike

By James Connell  —  Oct 21 - 04:40 PM

• AUD/USD +0.3% from Wed 0.70045 low in wake of hawkish RBA comments

• AUD probes 0.7034 100-DMA, likely to extend run toward 0.7075 55-DMA

• Futures pricing now implies 55.5% probability of 25 bps hike on Nov 3

• RBA Governor Bullock speech Fri, Assistant Governor Hunter interview Sun

• U.S. tech stocks lifted by earning positivity from SpaceX and Super Micro

• Overnight range 0.7018-36 support 0.6865 0.6834, resistance 0.7140 0.7282
AUD Daily 21/55/100-DMA


DXY Daily 55/100/200-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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