Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 10 - 07:55 PM

AUD/USD - Opens Slightly Lower After Choppy Start To The Week

By John Noonan  —  Jan 10 - 05:40 PM
  • AUD/USD opens 0.10% lower at 0.7174 after trading as low as 0.7149

  • Pair was under pressure early NY when US yields rose and Wall Street swooned nL1N2TQ1TQnL1N2TQ1Q9

  • AUD/USD recovered when US yields eased from highs and Wall Street pared losses nL1N2TQ2FJ

  • AUD/USD sellers tipped ahead of 0.7200 with resistance at 10-day MA @ 0.7211

  • A clear break above 0.7210 would suggest a short-term bottom is forming

  • Support is at Friday's 0.7130 low and break targets Dec 20 low at 0.7082

  • Range trading likely to continue ahead of Fed Chair Powell's testimony later today nL1N2TQ2BY

  • AUD/JPY flows and Asian equity markets to influence direction in Asia

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!