First appeared on eFXplus on Nov 28 - 05:35 AM
AUD/USD remains close to 0.6759 amid China-U.S. tensions over Hong Kong
See: nL4N288089. 0.6759 was the six-week low in Asia nL1N2871QP
0.6768 (double-day low, Monday and Tuesday) is now a resistance level
Obstacles beyond include 0.6779 (Asia high) and 0.6796 (Tuesday's high)
AUD/USD held sub-0.68 Wednesday after Westpac's 2020 RBA tips nL1N28707P
RBA is expected to keep its cash rate at 0.75% next week (Dec 3)
AUDUSD: Click here
Source:
Refinitiv IFR Research/Market Commentary