Derived Data That Drive Results
By Justin Mcqueen — Aug 20 - 05:40 AM
After largest 2-day gain this year (1.86%), AUD trades flat
Recovery in risk sentiment continues to underpin pair SPX > 5600
RBA minutes: Considered raising rates, unlikely to cut in short-term
Little surprises in minutes prompts limited reaction in AUD
Resistance: 0.6750, 0.6798 (July peak)
Support: 0.6641 (55DMA), 0.6600-10 (100/200DMAs)
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AUDUSD daily chart Click here
Source:
Refinitiv IFR Research/Market Commentary
