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Oct 22 - 10:55 PM

AUD/USD - USD Led On Whipsaw U.S. Coronavirus Aid Sentiment

By Andrew M Spencer  —  Oct 22 - 08:25 PM
  • Flat after closing little changed, with E-mini S&P futures also up 0.1%

  • Australia fast tracks mega renewable energy, hydrogen project nL4N2HD12K

  • No tier 1 data or RBA speeches, so U.S. Presidential debate at noon leads

  • Charts; momentum studies, 5, 10 & 21 DMAs conflict, which is a neutral setup

  • Trades in the middle of 0.7000-0.7250 range in place since late September

  • Asian 0.7114-0.7139 range is initial support-resistance

  • Technicals provide little short term bias.

    For more click on FXBUZ

aud oct 23 Click here

Source:
Refinitiv IFR Research/Market Commentary

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