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Feb 26 - 02:55 AM

AUD/USD - :0.7820 Pivot Holds As RBA Tries To Calm Bond Markets

By Krishna K  —  Feb 26 - 01:04 AM
  • AUD/USD down 0.55% in volatile Asia as risk mood continues to deteriorate

  • APAC stocks broadly lower, E-Mini down 0.5%, ASX 200 -2.3%, Nikkei -3.99%

  • Bonds continue to sell off in Asia despite c.banks efforts to calm markets

  • RBA intervenes to stem bond market rout, yields ease a touch nL1N2KW02X

  • 0.7820 previous high on Jan 6 holds, break signals interim high @ 0.8007

  • Further support at 0.7785, 0.7760-65, resistance 0.7860-70, 0.7900-05

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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