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TDUX
Apr 16 - 01:55 AM

AUD/USD - Rips To Fresh 46-Month High As May RBA Hike Firms

By James Connell  —  Apr 15 - 11:53 PM

• AUD/USD +0.3% Thur after reaching 0.7197, its highest level since Jun 2022

• Solid AU jobs data sures up May RBA hike, futures implying 69% probability

• Stop-loss buying above 0.7188 providing additional uplift to the pair

• AUD now targets Jun 3, 2022 0.72825 high, hawkish RBA will assist

• RBA Assistant Governor Sarah Hunter speaking in Washington D.C. Thur

• Whitehouse talking up peace talk hopes despite looming ceasefire deadline

• Range Asia 0.7165-97, support 0.6834 0.6660, resistance 0.7188 0.7283
AUD Daily 55-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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