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Mar 22 - 07:55 PM

AUD/USD - Opens Unchanged As Impact Of Turkey News Fades Quickly

By John Noonan  —  Mar 22 - 05:46 PM
  • AUD/USD opens unchanged around 0.7745, as risk assets remained buoyant

  • Impact of the sacking of Turkey's C.Bank chief quickly faded as no contagion

  • Easing US Treasury yields also helped AUD/USD recover from the lows nL1N2LK24Z

  • AUD/USD capped so far by the 10-day MA which comes in at 0.7757 today

  • More resistance @ the 21-day MA @ 0.7770 and break increases upward pressure

  • Hourly support has formed at 0.7730 with buyers tipped ahead of 0.7700

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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