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Feb 16 - 08:55 PM

AUD/USD - Steadies Ahead Of Support Levels After Quick Dip

By John Noonan  —  Feb 16 - 07:37 PM
  • AUD/USD fell to 0.7731, as USD firmed across the board in early Asia

  • Higher US yields supporting and starting to weigh on risk assets

  • Support is at the 10-day MA @ 0.7723 and the 38.2 of 0.7564/0.7805 @ 0.7712

  • More support is at the 21-day MA @ 0.7702 and break confirms top is in place

  • AUD/USD has steadied above 0.7745 but sellers are expected ahead of 0.7760

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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