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Sep 08 - 07:55 PM

AUD/USD - Vulnerable As Risk Assets Melt Lower

By John Noonan  —  Sep 08 - 06:20 PM
  • AUD/USD opens under pressure after falling 0.82%

  • Big fall on Wall Street, weak commodities and broad USD strength weigh nL1N2G51Y5nL4N2G513AnL1N2G519K

  • AUD/USD close below 21-day MA at 0.7238 is bearish and it is now resistance

  • The break targets daily lows between 0.7135/50 with 55-day MA at 0.7118

  • Key today will be Asian equity market reaction and S&P futures

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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