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Thomson Reuters
Jun 10 - 08:36 PM
AUD/USD - Hit In Early Trade But Regains Composure
First appeared on eFXplus on Jun 10 - 06:55 PM
  • AUD/USD flat after dipping 0.3% in early, thin holiday affected trading
  • Friday's low and 21 DMA initial supports at 0.7560/67
  • Below that 50% retracement at 0.7545 next level of support
  • Friday high at 0.7627 initial resistance
  • Overall s/t MAs supportive, but trade fears the main worry for risk
  • FX likely to be subdued Mon as markets await outcome of Trump/Kim meeting

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