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Sep 09 - 07:55 PM

AUD/USD - Opens Barely Changed As Lower US Yields Underpin On Dips

By John Noonan  —  Sep 09 - 06:16 PM
  • AUD/USD opens little changed after an inside trading day

  • AUD/USD supported on dips by easing US yields while falling equities cap nL1N2QB2MOnL1N2QB2XR

  • Support is at the 38.2 of 0.7106/0.7477 move at 0.7335

  • A break below 0.7330 targets the 21-day MA at 0.7311

  • Close resistance is at the 10-day MA at 0.7376

  • Range trading likely in Asia after muted reaction to ECB

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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