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Mar 18 - 11:55 PM

AUD/USD - Steadies After Slip Below 0.6550 Ahead Of RBA

By John Noonan  —  Mar 18 - 10:10 PM
  • AUD/USD traded down to 0.6541 after a few stops were triggered below 0.6550

  • It has found some buyers and is settled back around 0.6550

  • Market is thin ahead of BOJ and RBA decisions due out shortly

  • AUD/USD below 0.6555/60 where the 21 & 200-day MAs converge

  • Next support is at a trend-line that comes in at 0.6500

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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