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Oct 30 - 10:55 PM

AUD/USD - Slips Lower As Equity Markets Lose Upward Momentum

By John Noonan  —  Oct 30 - 09:00 PM
  • AUD/USD has slipped to 0.6365 in early trading as Asian equity markets droop

  • Despite strong Wall Street lead, Nikkei, AXJ index flat and E-minis -0.17%

  • AUD/USD support at 21-day MA at 0.6348 and 10-day MA at 0.6337

  • Resistance is at the 55-day MA at 0.6395 and break would be bullish

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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