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Feb 24 - 05:55 PM

AUD/USD - March To 0.8000 Continues As Commodities Support

By John Noonan  —  Feb 24 - 05:13 PM
  • AUD/USD opens 0.75% higher at 0.7968 as dovish Fed and commodity rise supports nS0N2JQ00RnL1N2KU0ME

  • It is closing at the session high after fresh buying emerged late in NY

  • Psychological resistance is at 0.8000, but next tech resistance is at 0.8136

  • Buyers are tipped at 0.7920/30 with support at 10-day MA at 0.7844

  • Australian Q4 CAPEX out today with the market expecting headline to be flat

  • Data unlikely to impact AUD/USD as support is based on global outlook

  • For more click on FXBUZ









aud/usd Click here

aud/usd 2 Click here

Source:
Refinitiv IFR Research/Market Commentary

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