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Sep 16 - 01:55 AM

AUD/USD - Bid Into The Afternoon As E-Minis Turn Higher

By John Noonan  —  Sep 15 - 11:35 PM
  • AUD/USD reversed higher after dipping to 0.7288 early in the session

  • It is approaching 0.7320 now - E-minis up 0.20% after negative earlier

  • Move lower in early trading was due to AUD/JPY selling out of Tokyo

  • AUD/USD support at 21-day MA at 0.7266 and break eases upward pressure

  • Resistance at yesterdy's 0.7342 high with sellers ahead of 0.7350

  • Market likely to consolidate ahead of FOMC late in the US session

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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