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Jul 07 - 11:00 PM
AUD/USD - Resilient, Despite Risk 'off' To Start The Week
First appeared on eFXplus on Jul 07 - 09:20 PM
  • +0.1%, despite a soft start for risk, Nikkei -0.7% and AsiaxJP -0.4%
  • OIS now fully prices next RBA cut for Dec - cooled with Fed after payrolls
  • Property sector in Sydney and Melbourne showing signs of life nL4N2480AB
  • Charts show neutral momentum studies, but net positive 5, 10 & 21 DMAs
  • Bullish bias while closes above 0.6953 21 DMA, which was a base last week
  • 0.6950 635M strikes and Asia's 0.6985 high initial support/resistance

aud jul 8 Click here

Source:
Refinitiv IFR Research/Market Commentary

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