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AUD/USD ebbs to a session low, touching......>

AUSSIE
AUSSIE: AUD/USD ebbs to a session low, touching $0.7807 on the way down.
Commodities are coming under some modest pressure in recent trade (BBG
Commodities Index sits just above the worst levels of the day) as the greenback
continues to march higher. A break below the $0.78 handle would open a move
through the 1.0% envelope 10-dma at $0.7798 ahead of the Feb22 low at $0.7791,
which may prove supportive.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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