By James Connell — Feb 24 - 04:48 PM
• AUD/USD softened overnight as EUR lost its post-German-election glow
• Early talk of USD Month-end-fix buying, Feb rebalancing may be significant
• USD firmer against the majors; AUD pushing the lower hourly Bollinger band
• The pair will need material impetus to re-test Friday's 0.6409 high
• U.S. consumer confidence Tue; AU m/m CPI indicator Wed, quarterly capex Thur
• Overnight range AUD 0.63445-0.63915, support 0.6330, resistance 0.6415
AUD mng
AUD v EUR mng
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters