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Sep 03 - 10:55 PM

AUD/USD - Bounces From Early Low- No Reaction To Retail Sales

By John Noonan  —  Sep 03 - 09:35 PM
  • AUD/USD back above 0.7270 after trading to 0.7251 early in the session

  • E-mini futures are down only 0.20% after being down over 0.70% earlier

  • Market not reacting to Aus retail sales just released nAZN0NRT00

  • AUD/USD resistance at 10-day MA at 0.7285 and break eases downward pressure

  • Support is at the 21-day MA at 0.7227 and daily close below would be bearish

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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