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Feb 10 - 11:55 PM

AUD/USD - Recovers From Early Dip In Quiet Asian Session

By John Noonan  —  Feb 10 - 10:01 PM
  • AUD/USD opened 0.20% lower at 0.7722 and dipped to 0.7713 in early trading

  • Dip was accompanied by a 0.20% fall in E-mini futures

  • E-minis recovered to flat and AUD/USD was 0.7722 heading into the afternoon

  • AUD/USD support @ the 21-day MA @ 0.7692 and break targets 10-day at 0.7665

  • Resistance is at the 76.4 of the 0.7819/0.7564 move at 0.7759

  • AUD/USD likely to remain resilient while key commodities continue to gain

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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