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
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Source:
Refinitiv IFR Research/Market Commentary