By Justin Mcqueen — Aug 28 - 01:45 PM
AUD bulls falter yet again as resistance at 0.68 caps
Ranges remain tight = 0.6769-0.6813
False break of 0.68 raises topside exhaustion risks
Follow through of pullback depends on upcoming U.S. claims/GDP data
Market impact on jobs data likely heightened after recent Fed shift
Support: 0.6744 (200-hour MA), 0.6733 (pre-Powell level)
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary