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Derived real-time data in partnership with:
Thomson Reuters
Nov 04 - 09:48 PM
AUD/USD - Firm Tone Despite Soggy Equity Markets
First appeared on eFXplus on Nov 04 - 07:40 PM
  • S&P futures down 0.24%; Nikkei down 1.2% and AXJ equity index down 0.21%
  • Despite weaker equity markets AUD/USD slightly firmer around 0.7200
  • AUD sentiment supported by recoveries in the CNH and EEM end of last week
  • Both completed bullish outside weeks from trend lows
  • AUD/USD resistance at 100-day MA at 0.7238 & Friday's 0.7258 high
  • Support at former resistance at 0.7160 and 55-day MA at 0.7149

cnh Click here

eem Click here

aud/usd Click here

Source:
Thomson Reuters IFR Markets

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