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Aug 11 - 01:55 AM

AUD/USD - Moves Higher As Risk Assets Buoyant In Asia

By John Noonan  —  Aug 10 - 11:40 PM
  • AUD/USD opened 0.11% lower at 0.7149 after USD moved broadly higher

  • After trading at 0.7145 the AUD/USD tracked higher as Asian equities firmed

  • The AXJ equity index moved around 1.% higher and AUD/USD traded to 0.7177

  • Heading into the afternoon it is hovering around 0.7175 - near session highs

  • A close above 10-day MA (0.7172) would shift pressure back to the upside

  • Resistance is at yesterday's 0.7184 high

  • Key support comes in at the 21-day MA at 0.7118

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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