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Dec 13 - 09:55 PM

AUD/USD - Pressured In Asia By Cross Flows Ahead Of Fed

By John Noonan  —  Dec 13 - 09:15 PM
  • AUD/USD continues to leak lower in Asia after strong overnight gains

  • AUD is down against the EUR and JPY as markets position for Fed decision

  • AUD/USD longs paring back after Tuesday rally fell short of 0.6900

  • The 200-day MA is at 0.6902 and the 50% of 2022 drop is at 0.6915

  • AUD/USD filling in the gap created by the response to the softer US CPI

  • Bids are tipped 0.6800/10 with support at the 10-day MA at 0.6772

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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