By Peter Stoneham — Nov 06 - 05:35 AM
AUD staging a strong recovery following a slump to 0.6513 Wed
However, the recovery from the previous 0.6537 low has been damaged
A close back above the 10DMA, 0.9592 would help
Close above the 200DMA, 0.6629, would put the recovery back on track
Long lower candle shadow today would cast doubts over further AUD weakness
We lean slightly bullish but will look for further signals
AUD/USD Trader TGM2347
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Source:
Refinitiv IFR Research/Market Commentary