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TDUX
Apr 20 - 05:55 PM

AUD/USD - Firms As Clock Ticks On US-Iran Ceasefire

By James Connell  —  Apr 20 - 05:32 PM

• AUD/USD +1.1% from Mon 0.7115 low as U.S.-Iran ceasefire deadline looms

• Pakistan confident Iran will attend peace talks despite earlier rejection

• Trump continues to talk up prospects of peace deal and nuclear agreement

• AUD targeting 0.7250-85 resistance zone, but highly reactive to news flow

• U.S. Mar retail sales due Tue; Apr S&P flash PMIs due Thu

• Overnight range 0.7143-80, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD Weekly 52-WMA


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

Source:
London Stock Exchange Group | Thomson Reuters

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