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Feb 17 - 05:55 PM

AUD/USD - Ends Choppy Session Unchanged Ahead Of Aus Jobs

By John Noonan  —  Feb 17 - 05:04 PM
  • AUD/USD set to open Asia little changed after choppy Lon and NY sessions

  • AUD/USD fell as low as 0.7725 after strong US data lifted USD and US yields nL1N2KN2E5

  • US yields eased in the US afternoon and the USD gave back some gains nL1N2KN1CN

  • Support is at the 10-day MA, which came in at 0.7724 on Wednesday and held

  • More support is at the 38.2 of the 0.7564/0.7805 move at 0.7712

  • AUD/USD trending higher with 5, 10 and 21-day MAs in bullish alignment

  • A break below the 21-day MA at 0.7705 would suggest the trend is over

  • Aus jobs data today with market expecting +40K jobs and 6.5% unemployment

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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