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Sep 30 - 01:55 AM

AUD/USD - Session Low As E-Minis Turn Negative After Debate

By John Noonan  —  Sep 29 - 11:40 PM
  • AUD/USD trading around 0.7110 after hitting a high at 0.7149 earlier

  • The move higher in early Asia was due in part to AUD/JPY demand out of Tokyo

  • AUD/USD tracking E-mini futures, which have eased 0.35% after up 0.65%

  • Chances of a Biden win have improved after debate according to odds-makers nL1N2GQ0NQ

  • Resistance at the 10-day MA at 0.7149 validated by price action today

  • Support is at former resistance at 0.7085/90 and the 100-day MA at 0.7025

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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