Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 31 - 11:55 PM

AUD/USD - Consolidates Above 0.7500 Ahead Of Key RBA Decsion

By John Noonan  —  Oct 31 - 10:57 PM
  • AUD/USD opened 0.7513 after closing Friday at 0.7520

  • Lower open likely due to weaker than expected China PMI on weekend nL1N2RR00E

  • AUD/USD traded in a 0.7506/24 range and was around 0.7510 into the afternoon

  • Consolidation may continue ahead of key RBA decision tomorrow nL4N2RS08M

  • Resistance at 200-day MA validated by repeated failures to break

  • Support is at the 10-day MA at 0.7502 and break eases upward pressure

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!