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Jun 30 - 09:55 PM

AUD/USD - Slips Lower As USD Better Bid And Dalian Iron Ore Falls

By John Noonan  —  Jun 30 - 09:30 PM
  • AUD/USD -0.25% around 0.6885, as USD a bit firmer to start the Asian session

  • Dalian iron ore is down over 4.5% to add some extra pressure

  • AUD/USD support is at June 14 low at 0.6850 - with 0.6853 yesterday's low

  • Resistance is at the 10-day MA at 0.6918 where selling is tipped

  • AUD/USD likely to remain vulnerable while global slowdown concerns persist

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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