Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 08 - 04:55 AM

AUD/USD - Weighed Down By Taper Steer From Fed's Bullard

By Rob Howard  —  Sep 08 - 03:08 AM
  • AUD/USD drops to 0.7367 as the greenback benefits from Bullard's taper steer

  • See: nL1N2QA08A. 0.7367 is the lowest level since Sept 2

  • 0.7375 was Tuesday's low, after RBA's taper timeline extension hurt the AUD

  • See: nL4N2Q90HL. 0.7356 (Sept 2 low) and 0.7336 are support points

  • 0.7336 is 38.2% Fibo of 0.7107 (Aug 20 low) to 0.7477 (Sept 3 high)

  • Resistance levels include 0.7403 (Asia high) and 0.7427 (Monday's low)

AUDUSD 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
!