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Oct 23 - 11:00 PM
AUD/USD - Major News Or A USD Dump Needed For A 0.6900 Break
First appeared on eFXplus on Oct 23 - 09:10 PM
  • Off 0.1% in a low key session so far - E-mini S&P flat

  • Tight range trading likely to day unless there is news - no data

  • Momentum studies, 5, 10 & 21 DMAs head higher - positive setup

  • Major resistance at 0.6880/95, cloud top & the September high

  • Significant news, or a USD collapse needed to break 0.6900

  • Yesterday's 0.6834 low then 0.6814 cloud base is initial support

  • NY 0.68538 NY low and earlier 0.6854 high initial support/resistance

aud oct 24 Click here

Source:
Refinitiv IFR Research/Market Commentary

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