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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

Thomson Reuters IFR Markets


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