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Sep 21 - 07:55 PM

AUD/USD - Opens Lower As FX Market 'risk-Off' Before The Fed

By John Noonan  —  Sep 21 - 06:30 PM
  • AUD/USD opens -0.29%, as market bought CHF and JPY and sold risk currencies nL1N2QN280

  • Wall Street weakened into he close as market readies for Fed decision nL1N2QN2OG

  • AUD/USD support at 76.4 of 0.7106/0.7477 at 0.7194 with bids at 0.7220

  • Resistance is the 10-day MA at 0.7302 and break eases downward pressure

  • AUD/USD upside likely limited while concerns over Evergrande fallout persist nL1N2QN02R

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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