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Thomson Reuters
Jul 31 - 08:36 PM
AUD/USD - Opens Modestly Higher As AUD Outperforms
First appeared on eFXplus on Jul 31 - 06:15 PM
  • AUD/USD opens Asia 0.27% higher despite USD firming against most CCYs
  • Reports China maybe seeking talks with US on trade helping to underpin
  • Wall Street closed higher and copper bounced 1.45% to add to AUD appeal
  • Stiff resistance around 0.7465 where 55-day MA & double top converge
  • AUD/USD support around 0.7405/10 where 10 and 21-day MAs converge
  • AUD/JPY flows and Asian equity markets key to direction in Asia

aud/usd Click here

Source:
Thomson Reuters IFR Markets

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