Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Nov 29 - 02:36 AM
AUD/USD - Holding Most Of The Gains Despite Profit Taking
First appeared on eFXplus on Nov 28 - 10:35 PM
  • AUD/USD hovering around 0.7305 into the afternoon after 1.13% gain Wednesday
  • Dip to 0.7295 after weaker headline Aus Capex proved short-lived
  • Details of data were stronger than headline with previous month revisions
  • AUD/USD resistance at Nov 16 and 3-month high at 0.7338
  • AXJ currency strength helped underpin AUD/USD later in the morning
  • Significant break higher unlikely ahead of key Trump/Xi summit this weekend
  • Support at 10-day MA at 0.7264 and break eases downward pressure

aud/usd Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!