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Sep 22 - 11:55 PM

AUD/USD - Grinding Higher As USD Slips Across The Board

By John Noonan  —  Sep 22 - 09:35 PM
  • USD trading with a softer tone - led by a 0.40% fall in the USD/JPY

  • AUD/USD traded to a session high at 0.6655 after opening 0.6641

  • Resistance at former support at 0.6670/80 - as 0.6670 was Thursday top

  • AUD/USD trending lower with the 5, 10 & 21-day MAs in a bearish alignment

  • Only a break above the 10-day MA at 0.6713 would suggest bottom is forming

  • Hourly support has formed at 0.6610/15 where buyers are eyed

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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