By Krishna K — Feb 19 - 04:35 PM
AUD/USD down 0.2% in early Asia after closing unchanged on Friday
Had recovered from 0.6812 low on profit taking ahead of long w/e in New York
Rallies to be capped as more Fed policymakers point to higher rates
Goldman Sachs, BofA expect three more U.S. rate hikes this year
AUD dips sought as hawkish RBA offsets Fed; Fri global range 0.6884-0.6812
Minutes of Feb RBA meeting, Australia wages and capex data eyed this week
Support at 0.6805, 200-DMA and 0.6780, the 38.2% of Oct-Feb rally
Resistances at 0.6885-0.6895, 0.6930-40; NYK holiday Mon may affect activity
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary