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Dec 20 - 05:55 PM

AUD/USD - Opens Slightly Lower As Investor Jitters Weigh

By John Noonan  —  Dec 20 - 05:22 PM
  • AUD/USD opens 0.22% lower, as Omicron uncertainty and growth concerns undermine risk nL1N2T51LD

  • Fibo support at the 61.8 of 0.6994/0.7224 at 0.7082 held and bounce ensued

  • Resistance is at the 21-day MA at 0.7133\2 and 10-day MA at 0.7141

  • Risk assets likely to remain vulnerable into year-end and weigh on AUD

  • Key today in Asia will be Tokyo AUD/JPY flows and moves in equity markets

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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