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Feb 04 - 11:55 PM

AUD/USD - Slips Below 0.7600 As Market Looks Ahead To US NFPs

By John Noonan  —  Feb 04 - 09:52 PM
  • AUD/USD opened 0.22% lower at 0.7601 and traded 0.7585/0.7608 in Asia

  • There was no reaction to better Aus retail sales of the RBA SOMP nRUA4DEH8XnAZN0NW300

  • Neither changed RBA expectations as market looks ahead to US payroll data

  • Heading into the afternoon AUD/USD is trading around session low @ 0.7585

  • Support is at Tuesday low at 0.7564 and break targets 38.2 fibo at 0.7502

  • Resistance is at the 10-day MA at 0.7648 and break eases downward pressure

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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