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Jan 10 - 01:55 AM

AUD/USD - Moves Higher As Cross Buying Underpins

By John Noonan  —  Jan 09 - 10:30 PM
  • AUD/USD opened 0.7177 after rising 0.27% on Friday when USD sold off on US jobs miss nL1N2TN1SU

  • After trading at 0.7173, AUD/USD tracked higher through the morning session

  • It traded as high as 0.7197, as AUD/JPY buying helped to underpin

  • Heading into the afternoon the AUD/USD is settling around 0.7190

  • Resistance @ the 10-day MA @ 0.7218 & break would suggest bottom is forming

  • Support is at Friday's 0.7130 low and break targets Dec 20 low at 0.7082

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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