By James Connell — Apr 10 - 09:44 PM
• AUD/USD consolidates in Asia, builds base for recovery rally extension
• Pair re-approaching 55-DMA, after stark disengagement post 'tariff day'
• Topside open after 0.6206 resistance break, but 0.6200-05 support critical
• Returning risk-off sentiment focused on U.S. assets, AUD remains resilient
• RBA Gov said Thur too early to decide rate path amid
tariff uncertainty
• Range Asia 0.6204-0.6245, support 0.6200-05 0.5910, resistance 0.6390
AUD Approaching 55-DMA
AUD Hourly Bollinger Study
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters