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Derived real-time data in partnership with:
Thomson Reuters
Nov 22 - 02:36 AM
AUD/USD - Gives Back Some Overnight Gains In Asia
First appeared on eFXplus on Nov 21 - 10:20 PM
  • AUD/USD made nice recovery Wednesday to 0.7263 on Wednesday
  • After trading at 0.7268 early Asia the pair tracked lower
  • Asian equity markets gave back early gains and AUD/USD dipped to 0.7248
  • Heading into the afternoon it is hovering around support at 0.7250
  • The 10 and 100-day moving averages converge around 0.7250
  • Break of 0.7245 targets 0.7200/05 where 21-day MA & yesterday's low converge
  • Range trading may prevail ahead if key Trump/Xi meeting at G20

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Source:
Thomson Reuters IFR Markets

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