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Sep 10 - 08:36 AM
AUD/USD - Holds Close To Monday's Six-Week Peak
First appeared on eFXplus on Sep 10 - 06:30 AM
  • AUD/USD traded a modest 16 pip range during the European am, 0.6853-0.6869
  • 0.6869 is six pips shy of Monday's six-week high of 0.6875
  • Monday's high approximates to the 55-day moving average
  • Offers may emerge near 0.69 if AUD/USD vaults 0.6875-80
  • 0.6880 is 50% of 0.7082-0.6678. 0.6899 was the July 31 high
  • There is a large 0.6865 option expiry for today's NY cut

GBPUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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