By Krishna K — Feb 08 - 05:30 PM
AUD/USD traders with a slightly offered tone after falling 0.5% Wednesday
Recovery falters near 0.7000-10 resistance as Fed officials talk up rates
Fed officials on board with more modest pace of interest rate hikes
Tuesday U.S. CPI now key for direction, range trading likely till then
Hawkish RBA limits downside, SOMP Friday awaited; trade 0.6850-0.7000 range
Resistance 0.6950-55, 0.6990-0.7000, support 0.6900-10, 0.6880-85, 0.6850-60
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Source:
Refinitiv IFR Research/Market Commentary