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Mar 24 - 10:55 PM

AUD/USD - Bounces Away From Support After CNY-Fix

By John Noonan  —  Mar 24 - 09:35 PM
  • AUD/USD bounced higher after very low USD/CNY fix nL2N3G301L

  • AUD/USD support at trend line at 0.6508 held earlier before bounce

  • AUD/USD settling at 0.6525/30 after trading up to 0.6533

  • Resistance is at 0.6555/65 where the 21 and 10-day MAs converge

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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