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Thomson Reuters
Nov 07 - 12:12 AM
AUD/USD - Ending Choppy Morning On A Firm Note
First appeared on eFXplus on Nov 06 - 10:25 PM
  • AUD/USD soared with the NZD/USD after strong NZ employment data
  • AUD/USD then whipped around when US mid-term results filtered through
  • It fell to 0.7213 when pollsters said US House race may be close
  • By end of the morning it appeared US midterm results would be as expected
  • Market priced in Republican retaining Senate while Democrats winning House
  • AUD/USD settled around 0.7240 heading into the afternoon session
  • AUD/USD resistance @ 100-day MA @ 0.7266/Support at 55-day MA at 0.7173

aud/usd Click here

Source:
Thomson Reuters IFR Markets

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