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Apr 06 - 07:55 PM

AUD/USD - Opens Higher As Easing US Yields Weigh On USD

By John Noonan  —  Apr 06 - 05:56 PM
  • AUD/USD opens 0.16% higher at 0.7664 after recovering from Lon low at 0.7606

  • Recovery from low due to easing US yields weighing on the USD nL1N2LZ22A

  • Risk assets were mixed on Tuesday with Wall Street closing slightly lower nL1N2LZ2IR

  • AUD/USD resistance at 21-day MA ay 0.7679 and 50% of 0.7849/0.7532 at 0.7690

  • Support is found at the 10-day MA at 0.7623 and yesterday's 0.7606 low

  • Sentiment is mixed - as 0.7500/0.8000 range looks likely for a while

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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