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May 22 - 10:55 PM

AUD/USD - Pushing Higher As Risk Buoyant In Early Asia

By John Noonan  —  May 22 - 08:35 PM
  • Equity markets moving higher in early Asia and underpinning AUD/USD gains

  • E-minis +0.92% and Nikkei up over 1.0% after flat/mixed close on Wall Street

  • AUD/USD above 0.7080 and approaching sellers camped just below 0.7100

  • Resistance is at the 38.2 of the 0.7661/0.6829 move at 0.7146

  • Support is at the 21-day MA at 0.7045, which had been resistance

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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