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Jun 21 - 12:12 AM
AUD/USD - Testing Yesterday's High As USD Broadly Offered
First appeared on eFXplus on Jun 20 - 10:20 PM
  • AUD/USD testing yesterday's high around 0.6935/40 as US yields easing again
  • USD lower across the board with relatively light volumes changing hands
  • Rising AUD/USD could encourage RBA to ease sooner rather than later
  • ANZ is now predicting the RBA will ease in July and again in August
  • AUD/USD resistance at 61.8 of 0.7025/0.6832 move at 0.6951
  • A clear break of 0.6955 targets the 55-day MA at 0.6994

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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