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Sep 20 - 10:55 PM

AUD/USD - Steady As Risk Assets Calmer In Asia So Far

By John Noonan  —  Sep 20 - 09:09 PM
  • AUD/USD steady between 0.7250/60 in a quiet start to the Asian session

  • AUD was resilient when risk assets tumbled on Evergrande related fears nL1N2QM1GW

  • Fears of widespread systemic risk faded late in the US session

  • E-mini futures are up 0.30% and early Asian markets off earlier lows

  • AUD/JPY up slightly to 79.45 after trading near 79.00 overnight

  • AUD/USD resistance is at yesterday's 0.7267 high and 10-day MA at 0.7318

  • Support is at the 76.4 of 0.7106/0.7477 move at 0.7294 with buyers at 0.7220

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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