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Mar 14 - 10:55 PM

AUD/USD - Moves Above 0.6700 As Key China Data As Expected

By John Noonan  —  Mar 14 - 10:15 PM
  • China Jan-Feb retail sales, IP and FAI came in around expectations nB9N35H02T

  • Retail Sales bounced back due to impact of China lifting Covid restrictions

  • AUD/USD edging above yesterday's 0.6796 high and is above 0.6700

  • Resistance at Monday's high at 0.6717 with sellers ahead of 0.6720

  • Better resistance is at the 21-day MA at 0.6743

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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