By John Noonan — Sep 13 - 06:25 PM
AUD/USD ended a whippy session slightly lower - as US CPI was mixed
Monthly core US CPI hotter than expected buy it moderated year-on-year nL1N3AP1MS
US yields spiked higher before closing the day lower than Thursday's close nL1N3AP1X7
AUD/USD fell to 0.6381 when US yields spiked before closing above 0.6420
It is the third straight day AUD/USD closed between 0.6420/30
Price action drawn to 10-day MA (0.6413) and 21-day MA (0.6426)
Momentum tilting lower after two days of lower daily highs
Broad range is between double-bottom at 0.6358 and double-top at 0.6522
Aus jobs data today with market expecting +23k jobs and unemp to remain 3.7%
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Source:
Refinitiv IFR Research/Market Commentary