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Mar 09 - 07:55 PM

AUD/USD - Eases From High After Dovish Lowe Speech

By John Noonan  —  Mar 09 - 05:23 PM
  • AUD/USD rose 0.95% Tuesday as US yields fell and Wall Street rallied nL1N2L71TNnL1N2L72NR

  • AUD/USD easing in early Asia after RBA Governor Lowe comments were dovish nS9N2J202N

  • Lowe pushed back against market pricing that rates may rise 2022 and 2023

  • AUD/USD move higher became sticky around the 55-day MA (0.7723 today)

  • Key support at 38.2 of 0.6990/0.8007 at 0.7618validated by price action

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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