By James Connell — Apr 21 - 06:37 PM
• AUD/USD sits +3.7% for 2025 after breaking key 0.6390 technical resistance
• Pair continues to benefit from a broad deterioration in USD sentiment
• U.S. assets under renewed pressure following Trump's tirade at Fed's Powell
• AUD approaching 200-DMA, crossover will further invigorate bulls
• Quiet week ahead for AU data; U.S. S&P PMI due Wed, durable goods Thur
• Monday range AUD 0.6374-0.6436, support 0.6180, resistance 0.6469 0.6550
AUD Daily
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters