By Krishna K — Dec 16 - 05:20 PM
AUD/USD opens unchanged after trading in a familiar 0.6345-0.6382 range Mon
Elevated U.S. yields, expectations of hawkish Fed cut cap recovery attempts
Weak Chinese economy, policy inertia weigh on CNY, undermine AUD
Strong chart support, uncertainty on Feb RBA rate cut limit downside
U.S. retail sales Tue, Fed rate decision Wed & core PCE price index Fri key
Australia's government updates budget outlook Wed, bigger deficits expected
Support 0.6335-0.6340, break opens 0.6300-05, 0.6271 , low in 2023
Resistance 0.6400-05, 0.6425-30
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters