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TDUX
Nov 04 - 08:55 PM
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AUD/USD - Consolidates Gains As Positive Sentiment Lingers

By James Connell  —  Nov 04 - 07:40 PM

• AUD/USD +0.1% Thur, still supported by upbeat post-U.S. election sentiment

• AU Sep balance on goods +2.83 bln (poll 810 mln), goods exports +2.3% m/m

• RBA Deputy Governor Andrew Hauser speaking at ANU Canberra Thur

• AUD may struggle to break above 0.7068 mtd high, sideways drift likely

• WTI flat Thur after outsized-overnight fall on hope for Iran war resolution

• Range Asia 0.70011-12 support 0.6865 0.6835, resistance 0.7140 0.7282
AUD Daily 21/55/100/200-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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