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Sep 22 - 07:55 PM

AUD/USD - Poised To Move Lower After Mixed Messages From Fed

By John Noonan  —  Sep 22 - 06:30 PM
  • AUD/USD opens 0.75% lower after USD moved higher across the board

  • USD gained after Fed's Evans that was less dovish than recent Fed messaging nL2N2GJ22H

  • AUD/USD closes below the 55-day MA at 0.7182 with next support at 0.7060/70

  • 0.7060/70 was former resistance and then support after it broke above 0.7100

  • The 55-day MA (0.7182) is now resistance with sellers tipped @ 0.7190/0.7200

  • AUD/USD has decoupled from risk assets for now, as Wall Street closed higher nL2N2GJ227

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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