By Krishna K — Nov 20 - 10:05 PM
AUD/USD +0.2%, stays supported on bargain-hunting after Wednesday drop
Underpinned by RBA's hawkish stance, ability to hold above 0.6480-85 support
Scaled back Fed Dec rate cut expectations, geopolitical concerns cap upside
Speech by BOJ Governor Ueda at 0510 GMT in focus Thu, may impact AUD/JPY
RBA Governor Bullock speaks at 0800 GMT but topic not market related
Support 0.6480-85, 0.6440-50, resistance 0.6520-25, 0.6545-50, 0.6565
Consolidation in 0.6450-0.6550 range likely; Asia range 0.6504-0.6518
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary