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Jun 07 - 10:55 PM

AUD/USD - Orders Suggest 0.7745/95 To Contain Price Action

By John Noonan  —  Jun 07 - 08:44 PM
  • AUD/USD idling around 0.7755 in a quiet start to the Asian session

  • Option maturities at 0.7745/50 likely to limit the downside

  • AUD/JPY sellers tipped ahead 0f 85.00 may help contain upside

  • Talk of AUD/USD sellers around 0.7780 and ahead of 0.7800 also limit upside

  • Decent resistance at 0.7795/0.7800 where 61.8 fibo and May 26 high converge

  • Support comes in at the 10-day MA at 0.7734

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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