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Aug 12 - 12:12 AM
AUD/USD - Bounces As S&P Futures Lift Risk Assets
First appeared on eFXplus on Aug 11 - 10:40 PM
  • AUD/USD bouncing back from early 0.6771 low and is settling at 0.6790/95
  • AUD/JPY is now slightly higher on the day after falling 0.40% earlier
  • S&P futures up 0.23% and underpinning risk assets in holiday affected Asia
  • AUD/USD will face stiff resistance above 0.6820 where sellers are tipped
  • The 0.6822 level is a double-top and 0.6832 is the 38.2 of 0.7082/0.6675

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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