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Thomson Reuters
Nov 22 - 08:36 PM
AUD/USD - Risk Appetite Sours, Could Extend Next Week
First appeared on eFXplus on Nov 22 - 06:25 PM
  • Opens -0.1%, after an inside day - Tokyo holiday suggests tight ranges
  • China & US show no signs of a trade compromise at next weekends G20 meeting
  • G20 situation should weigh on risk and the AUD next week, especially AUD/JPY
  • Neutral momentum studies, 5, 10 & 21 DMAs conflict - little short term bias
  • 0.7240 230M strikes and 0.7235 double hourly low in London initial support
  • Yesterday's 0.7268 Sydney high then Wednesday's 0.7278 top first resistance

aud nov 23 Click here

Source:
Thomson Reuters IFR Markets

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