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Oct 07 - 11:00 PM
AUD/USD - Mixed Data, But Little Response, As Risk Leads
First appeared on eFXplus on Oct 07 - 08:40 PM
  • Flat - closed off 0.6%, leading the USD higher, giving back Friday's gain

  • Bar low on US/China trade stalks nL2N26S0D8, but Trump upbeat nW1N26M00S

  • NAB business survey - conditions +2 last 1; confidence 0 last 1

  • ANZ job ads +0.3% nS9N1SP02P - muted response to neutral tier 2 data

  • Charts - momentum studies 5, 10 & 21 DMAs conflict - neutral setup

  • 0.6722 50% of the October bounce, then 0.6709 61.8% initial support

  • 0.6750 200M strikes and NY high first resistance























aud oct 8 Click here

Source:
Refinitiv IFR Research/Market Commentary

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