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Jan 23 - 06:12 AM

AUD/USD - Respects 200DMA After Rising On Aussie Jobs Beat

By Rob Howard  —  Jan 23 - 03:50 AM
  • Offers just shy of 0.6880 (200DMA) are keeping a lid on AUD/USD

  • 0.6879 was Asian session high, after strong Australian jobs data

  • Probability of RBA rate cut on Feb 4 down to 20% vs 50% pre-jobs data

  • See: nL4N29S07F. 0.6856 (Wednesday's high) is now a support level

  • 0.6827 was Wednesday's six-week low, as China virus fears hurt AUD

  • Wuhan on lockdown nL4N29R57J. SSEC closed down 2.8% nAZN003EG3


AUDUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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