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TDUX
Sep 17 - 07:55 PM

AUD/USD - Stabilizes As Attention Swings Toward RBA

By James Connell  —  Sep 17 - 05:41 PM

• AUD/USD +0.5% from Thur post-FOMC 0.7075 low, eyes shifting to RBA outlook

• RBA officials (including Bullock) before parliamentary committee on Fri

• Futures pricing implies 85.0% chance of RBA policy rate hike on Sep 29

• Saudi Arabia & Houthis exchange fire as Middle East war continues to spread

• U.S. President Trump to meet with Chinese leader Xi Jinping next week

• AUD hourly Bollinger bands narrowing, DXY -0.1% from recent highs

• 0.7078 100-DMA may provide short-term support, downside open to 0.6920 below

• Overnight range 0.71065-275 support 0.7078 0.6920, resistance 0.72825 0.7661
AUD Hourly Bollinger Study & DXY Daily 55/100/200-DMA


AUD Daily 21/55/100-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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