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Apr 03 - 08:55 PM

AUD/USD - Eases Slightly Early Asia As USD Starts On Firm Note

By John Noonan  —  Apr 03 - 06:35 PM
  • AUD/USD slipping below 0.7490 after closing Friday at 0.7497

  • Resilient AUD was best performing currency Friday despite strong US jobs nL2N2VZ1HT

  • RBA decision tomorrow may be a source of volatility for the AUD/USD

  • RBA expected to remain in hold, but some expect hawkish pivot in statement

  • AUD/USD below 10-day MA @ 0.7497 with support at former resistance @ 0.7440

  • Resistance is at March 23 high at 0.7540 and Oct trend high at 0.7555

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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