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TDUX
Oct 11 - 05:55 PM
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AUD/USD - Holds Month-To-Date Gains As USD Momentum Eases

By James Connell  —  Oct 11 - 04:44 PM

• AUD/USD +0.4% Oct mtd in wake of consistent weekly declines throughout Sep

• Clean break below 0.6929 52-WMA may signal resumption of fall toward 0.6660

• RBA Sep meeting minutes due for release Tue, will be closely scrutinized

• AU Sep employment due Thur, Reuters poll: +20.0k jobs, 4.6% unemployment

• Trump weighs joining Saudi retaliation after Houthis attack Riyadh airport

• U.K.'s Burnham joins Trump in calling for Russia-Ukraine energy ceasefire

• Range Asia 0.6976-80 support 0.6929 0.6865 0.6834, resistance 0.7052 0.7282
AUD Weekly 52-WMA


DXY Daily 55/100/200-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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