By John Noonan — Aug 22 - 09:45 PM
AUD/USD up 0.40% around 0.6450, as rising iron ore price underpins
Dalian iron ore is up another 5% to a fresh 2-year high at 827
AUD/USD testing 10-day MA at0.6447 and close above warns a bottom in place
More resistance is at the 21-day MA at 0.6534 and break ends the trend lower
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Source:
Refinitiv IFR Research/Market Commentary