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Mar 16 - 07:55 PM

AUD/USD - Opens Slightly Lower Ahead Of FOMC

By John Noonan  —  Mar 16 - 05:54 PM
  • AUD/USD opens 0.13% lower at 0.7745 after trading as low as 0.7711

  • AUD weighed down by investor caution ahead of FOMC decision later today

  • NY copper fell around 1.9% and the Dow eased 0.39% in quiet trading nL1N2LE0JJ

  • AUD/USD buyers are tipped ahead of 0.7700 where support has formed this week

  • Resistance comes in at the 21-day MA at 0.7782 with sellers ahead of 0.7800

  • AUD/USD likely to range trade in Asia as market awaits reaction to FOMC

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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