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Jan 02 - 10:55 PM

AUD/USD - Under Pressure As AUD/JPY Falls In Risk-Off Asia

By John Noonan  —  Jan 02 - 08:35 PM
  • Asian equity markets under pressure in a risk-off start to 2023

  • AXJ equity index -0.95% and E-minis are down 0.25%

  • AUD/JPY selling putting AUD/USD under pressure as AUD/JPY down over 0.50%

  • AUD/USD around session low at 0.6780 after closing Friday at 0.6820

  • Support is at the 10-day MA at 0.6746 and break would increase pressure

  • Key resistance at the200-day MA will be safe while risk assets pressured

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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