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AUSSIE
AUSSIE: AUD/USD faded back below $0.7200 as worries surrounding Brexit weighed
on risk late Monday. Pair closed just above the 50-DMA, which now sits at
$0.7184. Rate last deals at $0.7188, with bulls looking to reclaim $0.7200 to
open up the 100-DMA at $0.7235. A break below the 50-DMA would allow bears to
target Monday's intraday low of $0.7172, followed by the Nov 13 low at $0.7164.
- Focus on AU house price data & the latest NAB business confidence print at the
bottom of the hour.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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