By John Noonan — Dec 29 - 09:55 PM
AUD/USD opened +0.53% at 0.6776 after USD broadly weakened nL1N33J0X9
It came under pressure early Asian when AUD/JPY selling flows weighed
AUD/JPY fell over 0.50% to 89.55 while AUD/USD slipped to 0.6752
It recovered to 0.6765 heading into the afternoon session
Support is at the 10-day MA at 0.6721 with bids eyed around 0.6700
Resistance is at the 200-day MA at 0.6863 with sellers around 0.6800
Market likely to be thin heading into year-end
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Source:
Refinitiv IFR Research/Market Commentary