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Derived real-time data in partnership with:
Thomson Reuters
Nov 25 - 11:00 PM
AUD/USD - Steady Asian Markets/upbeat S&P Futures Underpin
First appeared on eFXplus on Nov 25 - 08:40 PM
  • AXJ equity market index up 0.32%, S&P futures up 0.44%, Brent Crude up 1.04%
  • AUD/USD trading with bid tone due to relatively upbeat tone in Asia
  • Resistance at Friday's 0.7255 high with break ending 5 days of lower highs
  • Break above 0.7255 targets 61.8 of 0.7338/0.7202 move at 0.7286
  • Support at 21-day MA at 0.7217, which has held since Nov 1

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Source:
Thomson Reuters IFR Markets

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