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Sep 29 - 01:55 AM

AUD/USD - Moves Higher In Asia On Hopes Of US Aid Deal

By John Noonan  —  Sep 28 - 11:45 PM
  • AUD/USD opened 0.61% higher at 0.7071 after strong gains on Wall Street

  • Hopes of a US aid deal supported risk in Asian and sent AUD/USD higher

  • Sellers ahead of 0.7100 capped gains at 0.7097 and it settled around 0.7085

  • A break above 0.7100 targets the 10-day MA at 0.7160

  • Support is at the 100-day MA at 0.7018

  • Market looking ahead to Trump-Biden debate, which may temper activity in the lead-up nL4N2GQ07D

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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