By John Noonan — Feb 21 - 07:40 PM
AUD/USD spiked down to 0.6833 from 0.6860 after Aus WPI softer than expected nAZN12T0LC
It has settled around 0.6845/50 as bids returned to steady the price action
The RBA has been hawkish in recent messaging and may be relieved wage inflation may be moderating
Key support is at the 200-day MA at 0.6804 with bids eyed around 0.6810
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary