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Apr 13 - 05:55 PM
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AUD/USD - Grinds Higher As Traders Cling To Iran War Hope
By James Connell — Apr 13 - 05:01 PM
• AUD/USD +1.7% from Mon 0.6979 low as latest oil price spike moderates
• DXY -0.3% as risk sentiment improves, markets look beyond peace-talk failure
• Iran threatens retaliation after U.S. maritime blockade begins
• RBA Deputy Governor Andrew Hauser speaking in New York 2115 GMT Mon
• AUD pushing upper hourly Bollinger band, topside momentum likely to slow
• Overnight range 0.70305-0.71005, support 0.6834 0.6660, resistance 0.7188
AUD Hourly Bollinger Study & DXY Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters