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Sep 24 - 03:55 PM

AUD/USD - Dip To 2-Month Low At 0.7016 Pared

By Paul Spirgel  —  Sep 24 - 01:45 PM
  • AUD o/n losses pared in NY afternoon, AUD/USD ending NY -0.11% at 0.7063

  • AUD/USD slide stalls ahead of 10-DMA by 0.7002 nL2N2GL1GC

  • RBA rate cut talk, soft commodities weighed on AUD early

  • Focus shifts back to US rates low-for-longer, Fed in no hurry to lift rates

  • Bulls eye lwr 30-d Bolli by 0.7090, Multiple DMA's cap in mid-0.72's

  • Below 100-DMA by 0.7002 series of daily lows ahead of 200-DMA by 0.6773 attract

  • For more click on FXBUZ

AUD Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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