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Derived real-time data in partnership with:
Thomson Reuters
Nov 06 - 07:24 AM
AUD/USD - Offers Likely Near Friday's High, 100DMA Beyond
First appeared on eFXplus on Nov 06 - 06:05 AM
  • Offers may emerge near 0.7258 if AUD/USD vaults 0.7240 (European am high)
  • 0.7258 was last Friday's five-week peak, after AUD short-covering
  • Additional resistance 0.7267/68 (100-day moving average/Sept 27 high)
  • 0.7220 (Asian session high) is now a support level
  • RBA kept cash rate at 1.5 pct for a 27th straight month nL4N1XH1VD
  • Big option expiries later this week include 0.7200 strikes

AUDUSD: Click here

Source:
Thomson Reuters IFR Markets

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