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Sep 19 - 08:36 PM
AUD/USD - Opens Below 0.6800 As AUD Under-Performs
First appeared on eFXplus on Sep 19 - 07:00 PM
  • AUD fell against every Ccy yesterday after dovish shift in RBA expectations

  • Market pricing in close to a 75% chance the RBA will ease on October 1

  • AUD/USD came under pressure even before Aus jobs from Tokyo AUD/JPY selling

  • AUD/JPY opens 0.90% lower and Tokyo flows will be key today

  • AUD/USD support at 61.8 of 0.6687/0.6895 move at 0.6766

  • Resistance at 21-day MAS at 0.6804 and 10-day MA at 0.6848

Source:
Refinitiv IFR Research/Market Commentary

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