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Sep 08 - 01:55 AM

AUD/USD - Idles Around 0.7275 In Sleepy Asian Session

By John Noonan  —  Sep 07 - 11:35 PM
  • AUD/USD opened around 0.7275 after tight range trading since Friday close

  • The range in Asia so far has been 0.7272/86 and it is just above 0.7275

  • Resistance is at the 10-day MA at 0.7305 with sellers tipped ahead of 0.7300

  • Support is at the 21-day MA @ 0.7239 and close below adds downward pressure

  • NAB business survey was weak, "though not as bad as feared" nS9N2BC026

  • Key today will be moves on Wall Street following the three-day weekend

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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