By John Noonan — Mar 21 - 04:24 PM
News Turkey PM Erdogan sacked CB chief has sent USD/TRY 15% higher
Plunge in Turkish Lira supporting AUD and weighing on risk currencies
AUD/USD has traded as low as 0.7689 after closing Friday at 0.7744
It is currently trading around 0.7710/15 - down 0.40%
Move lower in AUD/USD in part due to lack of liquidity in early Asia
Minor support at March 10 low at 0.7668 with better support at 0.7620/25
AUD/USD resistance is at the 10-day MA at 0.7751
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Source:
Refinitiv IFR Research/Market Commentary