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Jan 05 - 08:55 AM

AUD/USD - The 200-DMA Remains In Focus As A Slew Of Jobs Data Nears

By Christopher Romano  —  Jan 05 - 07:15 AM
  • AUD/USD traded 0.68445-0.6800 overnight then bounced, NY opens near 0.6835

  • Drop aided by weaker commodity DCIOc2 prices, US rates EDZ3 lift

  • Pair's bounce aided by equity ESv1 gains, USD/CNH fall toward 6.8700

  • Daily long legged doji formed, monthly doji in place both suggest indecision

  • AUD/USD hovers just below the falling 200-DMA as investors await data risks

  • Dec. ADP, jobless claims due today; Dec. NFP, AHE & ISM non-mfg due Friday

  • For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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