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Aug 23 - 02:36 AM
AUD/USD - Slightly Firms In Quiet Trading
First appeared on eFXplus on Aug 22 - 11:10 PM
  • AUD/USD trading slightly higher around 0.6760 after 0.6745/63 range in Asia
  • Rebound in the NZD/USD from multi-year low on Orr comments helped underpin nS9N23B01M
  • Lower than expected USD/CNY fix also provided some support for AUD/USD
  • Market will likely stay in range ahead of Powell speech later today
  • AUD/USD support at Aug 14 low at 0.6735 and break targets 0.6677
  • Resistance @ 21-day MA @ 0.6794 and close above would suggest bottom forming

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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