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Nov 01 - 08:55 PM

AUD/USD - Under Some Pressure In Cautious Start

By John Noonan  —  Nov 01 - 06:40 PM
  • AUD/USD and AUD/JPY are slightly lower in a cautious start to a busy week

  • AU/USD is below 0.7020 with buyers tipped around 0.7000

  • A break below 0.7000 would be bearish and put 200-day MA at 0.6800 in focus

  • RBA neets tomorrow where further easing is expected nL4N2HA1KB

  • The U.S. election will likely play a bigger role in AUD/USD direction

  • AUD/USD resistance is at 10-day MA at 0.7079

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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