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TDUX
Jun 16 - 11:55 PM

AUD/USD - Treads Water Ahead Of Fed Decision

By James Connell  —  Jun 16 - 11:05 PM

• AUD/USD flat Wed as market focus trains on FOMC outcome late Wed

• New Fed Chair Warsh speaking post-decision for the first time

• Trump says details on preliminary Iran deal will be published soon

• AUD not gathering momentum despite broader uplift in risk appetite

• Pair vulnerable to downside drift, break below 0.6834 would accelerate move

• Range Asia 0.70641-72, support 0.6834, resistance 0.7089 0.7200 0.7283
AUD Daily 55-DMA


AUD Hourly Bollinger Study & DXY Daily 55-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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