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TDUX
Sep 16 - 10:55 PM

AUD/USD - Struggles For Traction In Asia, Downside Beckons

By James Connell  —  Sep 16 - 09:45 PM

• AUD/USD +0.05% Thur as dust begins to settle from overnight Fed action

• AUD break below 0.7078 100-DMA may accelerate selloff toward 0.6920 support

• Futures pricing implies near 50/50 chance of another 25 bps FFR hike in Oct

• Saudi Arabia offers to ship oil via Oman, calms supply fears, WTI -0.3% Thur

• RBA officials (including Bullock) before parliamentary committee on Fri

• Range Asia 0.7084-97 support 0.7078 0.6920, resistance 0.72825 0.7661
AUD Daily 21/100/200-DMA


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

Source:
London Stock Exchange Group | Thomson Reuters
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