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Oct 29 - 10:55 PM

AUD/USD - Moving Higher As USD/CNH Leads Way

By John Noonan  —  Oct 29 - 10:20 PM
  • AUD/USD above 0.7050 despite equity markets down in Asia and E-minis -0.85%

  • AUD/USD benefiting from 0.30% fall in USD/CNH since the NY close

  • AUD/USD resistance at 10-day MA at 0.7086 and break eases downward pressure

  • Talk of decent buying at 0.7000 encouraging short-covering as well

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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