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TDUX
Nov 08 - 10:55 PM
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AUD/USD - Firms In Asia As Bears Bide Their Time

By James Connell  —  Nov 08 - 10:11 PM

• AUD/USD firms 0.6% Mon in quiet holiday impacted trading

• CN extends suspension of some tariffs on U.S. imports by 2-months

• Fed officials Williams, Musalem, and Daly all flag incoming FFR hikes

• Futures pricing now implies 81% probability of Fed rate hike on Dec 9

• AUD pushing upper hourly Bollinger band, upside momentum likely to slow

• Range Asia 0.68561-0.69029 support 0.6835 0.6662, resistance 0.7140 0.7282
AUD Hourly Bollinger Study & DXY Daily 55/100/200-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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