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Oct 04 - 10:55 PM

AUD/USD - Edges Higher In Small Reaction To Aus Trade Data

By John Noonan  —  Oct 04 - 08:45 PM
  • Aus Aug trade balance slightly better than expected with exports rising 4.0%

  • AUD/USD attained a bid tone after the release and is trading above 0.6335

  • Recovery yesterday was subdued, as market looks ahead to US jobs on Friday

  • Resistance is at the 10-day MA at 0.6380 with sellers tipped ahead of 0.6350

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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