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Oct 29 - 02:36 AM
AUD/USD - Drifts Higher Led By NZD/USD
First appeared on eFXplus on Oct 28 - 10:55 PM
  • AUD/USD up 0.15% at 0.6848 - led by 0.35% move up in NZD/USD

  • NZD higher on report NZ Super considering less hedging nL2N27E02D

  • AUD/USD resistance at 0.6850 threatened with break targeting 0.6883

  • Key resistance at Sep 12 trend high at 0.6895 where sellers are tipped

  • Support now at 10-day MA at 0.6825 and break eases upward pressure

  • AUD/USD unlikely to wander too far ahead of key Aus CPI tomorrow






audusd Click here

Source:
Refinitiv IFR Research/Market Commentary

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