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Sep 14 - 09:55 PM

AUD/USD - Under Pressure As Early AUD/JPY Selling Weighs

By John Noonan  —  Sep 14 - 09:07 PM
  • AUD/USD testing 21-day MA at 0.7312 - just below yesterday's 0.7314 low

  • AUD/JPY selling weighs, as it fell nearly 1% yesterday and down 0.20% today

  • The next level of support is at the 50% of 0.7106/0.7477 at 0.7292

  • Objective of this move is the 61.8 of that move at 0.7248

  • China IP and retail sales today could add more pressure if below forecast

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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