eFXData

eFX Apex

The Institutional-Grade Data Hub

  • Plus: Discretionary Trades
  • Edge: Sentiment Trades
  • Alpha: Systematic Trades
  • Apex: Full Big Data Stream
TDUX
Aug 20 - 10:55 PM

AUD/USD - Tests Key Resistance As Liquidity Wanes Pre-Weekend

By James Connell  —  Aug 20 - 09:48 PM

• AUD/USD +0.25% Fri in Asia as USD index begins to look shaky again

• AU Aug S&P PMIs: manufacturing 52.0 (prior 52.0), services 52.9 (prior 53.6)

• Traders sceptical of U.S. Treasury's ability to cap long-term interest rates

• U.S. threatens extreme sanctions for Iran and countries assisting them

• AUD 0.7130-35 resistance short term key, break above opens topside to 0.7200

• Pair pushing upper hourly Bollinger band, flirts with overbought territory

• RBA Aug monetary policy meeting minutes released Tue, AU Jul CPI due Wed

• Range Asia 0.71105-31 support 0.6920 0.6866, resistance 0.7135 0.7200
AUD Hourly Bollinger Study & DXY Daily 55-DMA


AUD Daily 55-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
© 2026 eFXdata · All Rights Reserved
!