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Jan 10 - 09:55 PM

AUD/USD - _Steadies Ahead Of 10-Day MA - No Reaction To Retail Sales

By John Noonan  —  Jan 10 - 07:44 PM
  • The AUD/USD fall to 0.7712 was frantic on decent flows in a thin market

  • USD strength and risk-off mood in Asia behind the AUD/USD selling

  • E-minis are down 0.26% and some early markets such as ASX is down 0.45%

  • Support at the 10-day MA at 0.7705 has held so far

  • There was no reaction to Aus Nov retail sales which was +7.1% (+0.7.0% exp) nAZN0NVE00

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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