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Jul 16 - 11:00 PM
AUD/USD - Firm Tone As Bids Lined Up Around 0.7000
First appeared on eFXplus on Jul 16 - 09:40 PM
  • Talk of bids around 0.7000 helping to give AUD/USD firm tone in early Asia
  • Some demand for AUD/JPY also helping to underpin AUD/USD
  • Resistance at 0.7045/50 should prove stubborn ahead of Aus jobs tomorrow
  • Support at 0.6993 where the 10-day MA & 38.2 of 0.6910/0.7045 move converge

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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