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Nov 10 - 11:55 PM

AUD/USD - Moves Higher As NZD/USD Surge Supports

By John Noonan  —  Nov 10 - 10:15 PM
  • AUD/USD opened unchanged around 0.7285 after consolidating on Tuesday

  • Strong Aus consumer confidence failed to lift AUD/USD but improved sentiment nL1N2HW3LT

  • NZD/USD surged is delayed reaction to the RBNZ and dragged AUD/USD up nL4N2HX0S1

  • AUD/USD is breaking above 0.7310 heading into the afternoon session

  • Resistance is at the triple top at 0.7340/45 and break targets 0.7413

  • Support is at 38.2 of 0.7340/0.6990 move at 0.7206

  • UD/USD will likely remain supported through the current risk rally

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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