By John Noonan — Jun 27 - 06:50 PM
AUD/USD opens -0.24% after a choppy US session
Wall Street slipped after last week's gains and US yields rose
Those factors along with mixed month and quarter-end flows weighed
AUD/USD resistance is at the 10-day MA at 0.6952 and double top at 0.6955/60
A clear break above 0.6960 would shift pressure to the upside
Bids are tipped ahead of 0.6900 with support at June 14 low at 0.6850
AUD/JPY flows along with equities and commodities to drive direction
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Source:
Refinitiv IFR Research/Market Commentary