Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 27 - 09:55 PM

AUD/USD - Falls Through Support As Risk Selling Escalates

By John Noonan  —  Nov 27 - 08:25 PM
  • Risk assets under pressure as China concerns weigh on sentiment

  • E-mini futures are 0.50% lower while AXJ equity index is -0.80%

  • USD/CNH moving higher and putting pressure on AUD/USD

  • AUD/USD selling accelerated after 10-day MA at 0.6706 gave way

  • Low so far at nL1N32O00E

  • For more click on 0.6691 - almost 1.0% lower than Friday close

  • Target is 0.6585/90 where last week's low and 21-day MA converge

  • FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved
!