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Nov 17 - 09:55 PM

AUD/USD - Moving Higher As Mood Brightens In Asia

By John Noonan  —  Nov 17 - 08:40 PM
  • AUD/USD back above 0.6700 as Asian equity and commodity markets move higher

  • The AXJ index is up over 1.0% - while Dalian iron ore is over 2.0% higher

  • Mood in Asia contrasts with Thursday when China bond market concerns weighed

  • AUD/USD resistace is at yesterday's 0.6750 high with sellers ahead of 0.6800

  • Key support is at the 10-day MA at 0.6634, which was Thursday's low

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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