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Mar 08 - 09:55 PM

AUD/USD - Under Pressure After Early Tokyo Buying Dries Up

By John Noonan  —  Mar 08 - 08:48 PM
  • AUD/USD under pressure in Asia and moving towards fibo support at 0.7618

  • It hit 0.7658 earlier when Tokyo bought AUD/JPY and E-minis opened higher

  • E-minis still positive and US 10-year yield lower, but AUD/USD trading heavy

  • AUD/USD low so far at 0.7621 and it isn't bouncing

  • The 38.2 of 0.6990/0.8007 is 0.7618 and break targets 100-day MA at 0.7537

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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