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May 03 - 10:55 PM

AUD/USD - Aus March Retail Sales Better Than Expected

By John Noonan  —  May 03 - 09:40 PM
  • Aus Marh retail sales came in better than expected nAZN02G042

  • Result surprising given impact of poor wather and rising fuel costs

  • AUD//USD modestly higher and above 0.7110 from 0.7100

  • AUD/USD resistance is at the 10-day MA at 0.7145

  • A break above 0.7150 would suggest bottom forming and end of down-trend

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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