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Dec 18 - 09:55 PM

AUD/USD - Boosted Above 0.6700 On Renewed USD/JPY Selling

By John Noonan  —  Dec 18 - 08:00 PM
  • AUD/USD back above 0.6700 as USD broadly offered

  • USD lower - led by another round of USD/JPY selling after gap was filled

  • AUD/USD resistance is at the 21-day MA at 0.6737 and 10-day MA at 0.6753

  • Support is at 100-day MA at 0.6667 - which held attempts lower last week

  • Consolidation likely before more attempts lower as risk aversion persists

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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