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Apr 21 - 07:55 PM

AUD/USD - Hits Fresh 2025 High As Trump Goes Off-Piste

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

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