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Oct 11 - 10:55 PM

AUD/USD - Slips Lower As Asian Equity Markets Under Pressure

By John Noonan  —  Oct 11 - 10:05 PM
  • AUD/USD traded down to 0.7332, as mood in Asia is gloomy

  • E-minis are down 0.5%, while Nikkei and AXJ equity index down 0.80/0.90%

  • Key commodities also off highs, with Lon copper and Dalian iron ore -1.0%

  • AUD/USD support is at 0.7325/30 with better support around 0.7280

  • The 10-day MA is at 0.7282 and the 21-day MA is at 0.7278

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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