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Sep 10 - 08:36 PM
AUD/USD - Opens Unchanged As Key Factors Offset
First appeared on eFXplus on Sep 10 - 06:25 PM
  • The AUD/USD ended a very quiet session barely changed as market sidelined
  • Global growth fears receding - giving support to AUD and other growth CCYs
  • AUD/USD capped by rising US yields with 10-year yield up 18 BPs since Friday
  • Resistance at 55-day MA at 0.6872 and 50% retrace of 0.7081/0.6677 at 0.6880
  • Support at yesterday's 0.6849 low - as break ends 5 days of higher lows

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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