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Sep 08 - 04:55 AM

AUD/USD - Trades Above 0.73 For The First Time Since Thursday

By Rob Howard  —  Sep 08 - 03:05 AM
  • AUD/USD reached 0.7309 after catching a bid shortly after 0600GMT

  • 0.7309 is the highest level since Thursday (0.7298 was Friday/Monday high)

  • Jump to 0.7309 followed sleepy Asian session: 0.7272-86 range nL1N2G5039

  • Resistance levels include 0.7318 and 0.7339 (Thursday's high)

  • 0.7318 = 50% of 0.7413 (Sept 1, two-year high) to 0.7222 (Friday's low)

  • Aussie banks to buy more debt under liquidity rule changes-AFR nL4N2G43GJ

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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