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Oct 06 - 07:55 PM

AUD/USD - Opens Slightly Lower After Recovery During US Session

By John Noonan  —  Oct 06 - 05:57 PM
  • AUD/USD opens 0.23% lower after recovering from London low at 0.7226

  • Wall Street rebound helped to underpin AUD through US session nL1N2R22HC

  • AUD/USD received support from AUD/NZD short-covering after RBNZ

  • AUD/USD close above 10-day MA at 0.7257 eases downward pressure

  • Resistance is at 0.7310/20 where daily tops converge with 55-day MA

  • Support at yesterday's 0.7226 low with buyers tipped at 0.7220/25

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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