Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 09 - 11:55 PM

AUD/USD - Consolidates After Solid Gains In Quiet Asia

By John Noonan  —  Feb 09 - 09:46 PM
  • AUD/USD opened 0.44% higher at 0.7738 - as strong commodities underpinned nL1N2KF0PY

  • It traded up to 0.7743 after strong Aus consumer confidence nS9N2J200D

  • Sellers ahead of 0.7750 capped and it drifted lower

  • Heading into the afternoon it is settling around 0.7735

  • Resistance is at the 76.4 of the 0.7819/0.7564 move at 0.7759

  • A break above 0.7765 would put the 0.7819 trend high in focus

  • Support is at the 21-day MA at 0.7694 and break would ease upward pressure

  • AUD benefiting from broad US weakness and re-flatiojn trade strategies

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!