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Aug 25 - 10:55 PM

AUD/USD - Gives Back Some Of The Outsized Gains In Early Asia

By John Noonan  —  Aug 25 - 08:10 PM
  • AUD/USD slipping lower in early trading after gaining over 1.0% Thursday

  • AUD outperformed Thursday - rising between 0.5% and 1.0% against every major

  • It is below the 21-day MA at 0.6974 with support at the 10-day MA at 0.6943

  • A break below 0.6940 would ease upward pressure and shake out weak longs

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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