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Mar 21 - 08:55 PM

AUD/USD - Starting To Fill The Gap As Liquidity Improves

By John Noonan  —  Mar 21 - 07:47 PM
  • AUD/USD has reclaimed most of the ground lost at the Asian open

  • It tumbled to 0.7687 early on AUD/JPY selling sparked by collapse in TRY nL1N2LJ05O

  • The lack of liquidity exaggerated the reaction in the AUD/USD and AUD/JPY

  • AUD/USD back above 0.7725 and a move to 0.7747 would complete gap-fill

  • Resistance is at the 10-day MA at 0.7753 and break would ease pressure

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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