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Nov 27 - 02:36 PM
AUD/USD - Rangebound Between Fibo Support At 0.6769 And 10-DMA By 0.6796
First appeared on eFXplus on Nov 27 - 01:20 PM
  • AUD/USD drifts lower in NorAm, ends NY 0.6778 -0.15%; NY range 0.6789-75

  • US data beats boosts USD, no news on China trade deal sees some longs exit

  • Pair finding support near 0.6769, 61.8% Fib of Oct.'s 0.667-0.693 rise

  • Initial res at daily cloud top by 0.6790, 10-DMA at 0.6796, 30-DMA at 0.6841

  • AUD/USD remains below 0.68 after Westpac's 2020 RBA tips nL1N28707P

AUD Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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