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Aug 23 - 07:55 AM

AUD/USD - Holding Steady Thanks To EUR Slide

By Peter Stoneham  —  Aug 23 - 06:25 AM
  • Tuesday pointers suggest the AUD should be much lower

  • A tight 0.6856-0.6899 range so far: just ahead of key support

  • Sales of EUR/AUD on rise in LNG price cited nL1N2ZY1I1

  • Aussie upside likely limited ahead of Powell's JH address

  • Daily Ichimoku cloud base it as 0.6837 and Lower 30DMA Bolli 0.6834

  • A 61.8% Fibo also on the support side: 0.6822 from the 0.6683-0.7048 gain

  • Monday's 0.6929 high the initial resistance of note

    For more click on FXBUZ






Source:
Refinitiv IFR Research/Market Commentary

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