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Sep 29 - 10:55 PM

AUD/USD - Settles Below 0.7140 - Little Impact From China PMI

By John Noonan  —  Sep 29 - 09:10 PM
  • AUD/USD tested 10-day MA at 0.7149 earlier when AUD/JPY buying underpinned

  • It has slipped back to around 0.7135 now the Tokyo AUD/JPY buying ceased

  • China Mfg PMI better than expected and services PMI improved nAZN0HSJ00nAZN00FCUO

  • China PMIs not impacting AUD/USD price action so far

  • AUD/USD resistance at 10-day MA at 0.7149 and 38.2 fibo at 0.7161

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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