By John Noonan — Feb 16 - 05:24 PM
AUD/USD opens 0.33% lower as rising US yields broadly lifted the USD
Move lower in AUD/USD despite firm commodities with NY copper rising 1.2% nL1N2KM0K6
AUD/USD completed bearish outside day after trading as high as 0.7805
Support found at the 10-day MA at 0.7725 and 21-day MA at 0.7703
A break below 0.7700 would suggest a top is in place at 0.7805/20
AUD/USD vulnerable if the rising US yields started to undermine risk assets nL1N2KG27N
For more click on FXBUZ
aud/usd Click here
Source:
Refinitiv IFR Research/Market Commentary