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Sep 21 - 07:55 PM

AUD/USD - Softens As USD Remains Buoyant And Oil Prices Fall

By James Connell  —  Sep 21 - 05:47 PM

• AUD/USD -0.3% from Mon 0.71395 high as broad USD index grinds higher

• Brent crude -3.6% to $100.10 a barrel amid hopes for U.S.-Iran diplomacy

• RBA Governor Michele Bullock fireside chat in Sydney 0300 GMT

• RBA Monetary Policy Board member Ian Ross speech in Melbourne 0730 GMT

• Futures pricing implies 95.2% probability of 25 bps RBA hike Sep 29

Break below 0.7077 100-DMA likely to spur deeper rout toward 0.6920 support

• Overnight range 0.7118-395 support 0.7077 0.6920, resistance 0.72825 0.7661
AUD Hourly Bollinger Study & DXY Daily 55/100/200-DMA


AUD Daily 21/55/100-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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