By John Noonan — Oct 08 - 08:30 PM
AUD/USD back to 0.6370 after trading down to 0.6345 earlier
Move lower was due to safe-haven flows following Hamas attack on Israel nL1N3BD02K
If Middle East turmoil spreads and escalates, investors will remain jumpy
If the turmoil is contained, the market will likely shift focus and move on
AUD/USD testing 10-day MA @ 0.6372 with key resistance at 21-day MA @ 0.6404
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary