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Jul 09 - 05:55 AM
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AUD/USD - Respects Wednesday Top; Fed's Williams Speaks Later
By Robert Howard — Jul 09 - 03:41 AM
• AUD/USD meets headwind by 0.6946 after extending north from 0.6907
• 0.6907 was Wednesday low, as safe-haven USD rose on Iran war news
• Ascent to threaten 0.6946 aided by Nikkei's rebound (AUD is risk-sensitive)
• 0.6960 (Monday high) and 0.70 are resistance levels beyond 0.6946
• AUD/USD hit a three-month low last week, which the 200DMA helped define
• 200DMA is now at 0.6874. Fed's Williams is due to speak at
1300 GMT
AUDUSD
(Robert Howard is a Reuters market analyst. The views expressed
are his own)
Source:
London Stock Exchange Group | Thomson Reuters