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Nov 23 - 07:55 PM

AUD/USD - Opens Unchanged After Finding Support Ahead Of 0.7200

By John Noonan  —  Nov 23 - 05:54 PM
  • AUD/USD opens unchanged after bouncing from 0.7207 low

  • Bids are tipped ahead of 0.7200 with 200-week MA at 0.7195

  • AUD/USD trending lower with the 5, 10 and 21-day MAs in bearish formation

  • Resistance is at 10-day MA at 0.7273 and break would ease pressure

  • Direction today will likely be dictated by moves in NZD/USD

  • RBNZ decides today and volatility likely after the decision nL4N2SE09R

  • For more click on FXBUZ









aud/usd Click here

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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