eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• 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.)