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Jun 24 - 07:55 PM

AUD/USD - Falls As Coronavirus Uncertainty Sends Risk Lower

By John Noonan  —  Jun 24 - 06:05 PM
  • Risk aversion gripped markets on Wednesday sending risk assets lower nL1N2E12HZ

  • AUD/USD opens 0.89% lower and is trading below the key 0.6880 level

  • The 10 and 21-day MAs converge at 0.68880 and close below would be bearish

  • Next level of support at June 22 low at 0.6801 and June 15 low at 0.6777

  • Key in Asia will be AUD/JPY flows and reaction to Wall Street fall










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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