By Andrew M Spencer — Sep 24 - 07:35 PM
+0.05% after closing up 0.8% with the U.S. dollar off 0.6%
AUD supported by higher commodities fuelled by China demand hopes
The RBA's cautious outlook on Tuesday contrasts with the dovish Fed
Weighted CPI data today will be key for RBA expectations RTRS poll 2.7%
Charts; 5, 10 & 21 day moving averages climb as 21 day Bolli bands expand
Daily momentum studies rise - daily signals show a positive trending setup
0.6900 Jun 23 top broken, close above targets 0.70880 .5% Feb 21/Oct 22 fall
This week's 0.6798 base and 10 day moving average then 0.6758 21 DMA support
0.6870/80 1.037 BLN are the major close strikes for September 25th
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary