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Sep 13 - 07:55 PM

AUD/USD - Well Supported Consolidation Points To More Gains

By Krishna K  —  Sep 13 - 05:55 PM
  • AUD/USD well supported in early Asia, boosted by resilience to risk aversion

  • Holds ground despite last week's fall in equity markets; bulls encouraged

  • Risk barometer AUD/JPY rise from support @ 76.10-20 Wed boosts AUD sentiment

  • 0.7200-0.7400 consolidation likely to pave the way for continuation of rally

  • RBA Sept meeting minutes Tues, AU jobs report Thurs, Fed meeting Wed eyed

  • Resistance 0.7300-05, 0.7325-30, support 0.7245-50, 0.7220-25

  • For more click on FXBUZ


AUD JPY: Click here

Reuters Poll: Which Presidential candidate's policies would generate the best U.S. economic outcome in the long run? : Click here

Source:
Refinitiv IFR Research/Market Commentary

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