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Oct 25 - 07:55 PM

AUD/USD - Quiet Start After AUD Shows Resilience Last Week

By John Noonan  —  Oct 25 - 05:55 PM
  • AUD/USD is steady around the NY close at 0.7136 in a quiet start

  • AUD/USD was resilient last week - rising 0.83% despite sluggish equities

  • US political uncertainty and rising COVID infections will continue to weigh on risk assets nL1N2HG0D6nL1N2HE0ZNnL1N2HE0RW

  • Resistance at 0.7158 where Friday's high and 61.8 of 0.7243/0.7021 converge

  • Support at 10-day MA at 0.7112 and break shifts pressure to downside

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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