By John Noonan — Jun 22 - 11:20 PM
AUD/USD opened -0.72% after fall in key commodities weighed nL1N2Y90M9
It came under pressure in Asia as commodity slide continued
Dalian iron ore and Brent crude down more than 2% in Asia
E-mini futures are down over 0.35% to add more weight
AUD/USD traded as low as 0.6884 before finding a base
Heading into the afternoon it is trading around 0.6895
Support is at yesterday's 0.6881 low and June 14 low at 0.6850
AUD/USD trending lower and the initial target is the 2022 low at 0.6829 nL4N2YA09R
Resistance is at the 10-day MA at 0.6957 and break eases pressure
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary