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Nov 14 - 05:55 PM

AUD/USD - Eases In Early Asia After Light AUD/JPY Selling

By John Noonan  —  Nov 14 - 04:11 PM
  • AUD/USD is a touch lower at 0.7322 after closing Friday at 0.7330

  • AUD was best performer Friday as shorts booked some profits after steep fall

  • AUD/USD support at Friday's 0.7277 low and 76.4 fibo at 0.7261

  • Resistance is at the 55-day MA at 0.7365 and 10-day MA at 0.7375

  • Key today will be AUD/JPY flows and performance in Asian equity markets

  • Markets will be eyeing the Biden-Xi virtual summit to see if tensions ease

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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