By Andrew M Spencer — Nov 03 - 05:40 PM
Up 0.7% in early Asia after closing -0.35% - the USD was sold at the open
USD selloff possibly on a Harris victory in the Des Moines Register poll
ANZ job ads lead Australian data - interesting but unlikely market-moving
Expecting choppy nervous US dollar trading into Tuesday's US election
Charts; 10 & 21-day moving averages fall, 21-day Bollinger bands ease
Mixed daily momentum studies - the negative trending setup remains in place
Last week's 0.6537 low then 0.6477 0.786% of the Aug-Sep rise first support
0.6601 10 DMA, tested but holds, then the 0.6661 21-DMA are first resistance
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary