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Oct 07 - 01:55 AM

AUD/USD - Tiptoes Back Up As China Risk-On Sentiment Continues

By Ewen Chew  —  Oct 06 - 11:50 PM
  • AUD/USD tiptoes back up to 0.6806 from Mon low 0.6785

  • Supportive tone may build as 21 DMA support holds

  • Mon close above 0.6800 will dissuade sellers for now

  • China risk-on continues, with Hong Kong stocks +1.1%

  • Mainland China markets still closed, to reopen Tues

  • Sydney closed Monday as well for Labour Day

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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