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Aug 16 - 10:55 PM

AUD/USD - Moving Higher In Early Asia On AUD/JPY Buying

By John Noonan  —  Aug 16 - 08:15 PM
  • AUD/USD is up 0.25% and traded as high as 0.7194 in early Asia

  • Talk of AUD/JPY demand helping as well as 0.2% move up in E-mini futures

  • AUD/USD not reacting to the 0.505 move lower in gold in early trading

  • Sellers are tipped around 0.7200 with resistance at 0.7140/45

  • Support is at the 21-day mA at 0.7151 and close below eases upward pressure

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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