Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 11 - 07:55 PM

AUD/USD - Opens Higher After US CPI Moderates And Weighs On USD

By John Noonan  —  Aug 11 - 06:43 PM
  • AUD/USD opens o,33% higher after softer than expected CPI led to USD selling nL1N2PI20C

  • Wall Street and key commodities gained and also helped support AUD nL1N2PI2JZnL1N2PI0VQ

  • AUD/USD @ 0.7375 early Asia - above 21-day MA @ 0.7370 & 10-day MA @ 0.7366

  • The next level of resistance is at the August 4 high at 0.7426

  • Sellers tipped between 0.7380/0.7400 while buyers camped under 0.7320

  • AUD/USD likely to remain in a trading range - awaiting a frest catalyst

  • 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
!