Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 13 - 01:55 AM

AUD/USD - Gives Back Early Gain In Quiet Asia

By John Noonan  —  May 12 - 11:38 PM
  • AUD/USD opened 1.47% lower at 0.7725 after risk slump and hot US CPI nL1N2MZ2JM

  • AUD/USD was bid in early Asia as E-minis firmed over 0.40% to calm nerves

  • AUD/USD traded to 0.7746 before sellers ahead of 0.7750 capped

  • It tracked lower late in the morning and is now trading around 0.7720

  • AUD/USD support is at 0.7715/20 where 55-day & 100-day MAs converge

  • Resistance is at the 21-day MA at 0.7761 and 10-day MA at 0.77

  • AUD/USD remains vulnerable while market volatility persists nL1N2N0028

  • A break below 0.7710 targets For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!