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Apr 14 - 10:55 PM

AUD/USD - Moving Up As Market Pares Back Safe-Haven Trades

By John Noonan  —  Apr 14 - 08:30 PM
  • AUD/USD firmed up to 0.6480from low at 0.6455 as E-minis up 0.30%

  • Recovery tentative after steep selloff on Friday on fears Middle east crisis would escalate nL2N3GL2M6

  • AUD/USD sellers are tipped ahead of 0.6500 with resistance at 0.6540/50

  • The 21-day MA is at 0.6441 and the 10-day MA is at 0.6547

  • Risk assets and risk currencies unlikely to fully recover until it is clear all sides in Middle East crisis decide against escalation nL5N3GN0P1nL2N3GN06J

  • For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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