Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 19 - 07:55 PM

AUD/USD - Opens Lower As Risk Assets Slide On COVID Concerns

By John Noonan  —  Jul 19 - 06:26 PM
  • AUD/USD opens 0.72% lower after big falls in equities and commodities nL1N2OV26WnL1N2OV0CInL1N2OV1T6

  • AUD/USD downtrend accelerating, as support at 0.7375/80 clearly broken

  • There isn't any technical support of note until 0.7230/35

  • The 200-week MA is at 0.7233 and 76.4 of 0.6990/0.8007 is at 0.7230

  • Resistance is at 10-day MA at 0.7432 and break eases downward pressure

  • AUD/USD to remain pressured as risk asset correction probably has more to go

  • RBA minutes today, but they won't reflect full impact of COVID resurgence

  • 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
!