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Aug 14 - 08:36 PM
AUD/USD - Grimly Holding Around Support Ahead Of Aus Jobs
First appeared on eFXplus on Aug 14 - 06:20 PM
  • AUD/USD finds buying support between 0.6730/50, but looks vulnerable
  • Fibo support at 61.8 of 0.6677/0.6822 move at 0.6732
  • Global growth fears escalating after poor China and EZ data
  • AUD a proxy for China sentiment and AUD/JPY a proxy for risk aversion
  • Aus jobs data out today with market expecting +14K jobs & 5.2% unemployment
  • Deputy Governor Debelle will be speaking on "Risks to the outlook" shortly
  • Resistance in AUD/USD at 10-day MA at 0.6770

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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