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Apr 12 - 07:55 AM

AUD/USD - Rallies From Sub-0.76 Low To Intra-Day High

By Rob Howard  —  Apr 12 - 06:09 AM
  • AUD/USD hits 0.7633 (intra-day high) after rallying off 0.7597

  • 0.7597 was traded low at 0516GMT (0.7596 was intra-day low at 0219GMT)

  • Bids below 0.76 also propped AUD/USD on Friday, before rally to 0.7641

  • Today's drop to sub-0.76 lows was influenced by Australian vaccine concerns

  • Australia abandons COVID vaccination targets after new advice on AZ shots

  • See: nL1N2M50D7. 0.7661 (Friday high) is a resistance level beyond 0.7641

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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