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Nov 16 - 11:55 PM

AUD/USD - Poised To Test Resistance At 0.7340/45

By John Noonan  —  Nov 16 - 10:25 PM
  • AUD/USD opened 0.65% higher at 0.7317 after vaccine news supported risk nL1N2I22TL

  • AUD and NZD best performing currencies Monday and well placed for more gains nL4N2I24QB

  • AUD/USD traded in a 0.7312/29 range and was 0.7325 into the afternoon

  • There wasn't any reaction to the release of the RBA Minutes nRUAGMEG8G

  • AUD/USD resistance at 0.7340/45 with sellers ahead of 0.7350

  • Support at ascending 10-day MA at 0.7272 and break eases upward pressure

  • RBA Deputy Governor Debelle speaks on panel at 5:00 PM Sydney time

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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