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Sep 20 - 02:36 AM
AUD/USD - Remains Pressured But Buyers 0.6770/80 Underpin
First appeared on eFXplus on Sep 19 - 11:20 PM
  • AUD/USD eased to 0.6779 in early Asia when AUD/JPY selling flows weighed

  • AUD/JPY was down around 0.30% at one stage after Tokyo arrived

  • AUD/USD bids tipped between 0.6770/80 and absorbing the selling for now

  • AUD/USD likely to remain pressured due to dovish shift in RBA expectations

  • Growing number of economists tipping a 25 BP cut when RBA meets Oct 1 nL3N26B05P

  • AUD/USD support at 61.8 of 0.6687/0.6895 move at 0.6766

  • Resistance at 21-day MA at 0.6804 and 10-day MA at 0.6848






aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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