By John Noonan — Apr 24 - 07:05 PM
AUD/USD testing Friday's 0.7235 low in early Asia as USD broadly bid
It clossed below the 200-day MA at 0.7294 and it is now resistance
AUD/USD traded to 0.7278 at the open due to spike higher in EUR/USD
Macron win in France was already priced in so EUR/USD quickly reversed lower nL1N2WM021
AUD/USD sentiment bearish due to global growth concerns and hawkish Fed expectations nL3N2WK08K
There isn't any support of note ahead of the March 15 low at 0.7165
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Source:
Refinitiv IFR Research/Market Commentary