By John Noonan — Sep 18 - 06:20 PM
AUD/USD opens 0.09% higher as USD broadly eased on Monday nL1N3AU22O
It dipped early NY before finding support at the 10-day MA at 0.6410
The 10-day MA moves up to 0.6416 today and bids are eyed ahead of 0.6400
The close above the 21-day MA (0.6431) suggests a slight bullish bias
Markets are moving sideways ahead of key FOMC decision on Wednesday
RBA minutes will be released today - but reaction should be limited
RBA likely to retain a slightly hawkish bias, but remain data dependent
AUD/USD resistance is @ the double-top @ 0.6522 with sellers ahead of 0.6500
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Source:
Refinitiv IFR Research/Market Commentary