Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 05 - 07:55 PM

AUD/USD - Opens Higher After Whipping Around On Central Bank Expectations

By John Noonan  —  Apr 05 - 06:30 PM
  • AUD/USD opens +0.42% - but well off the intraday high at 0.7661

  • AUD/USD soared after RBA hawkish pivot and then fell on hawkish Fed comments nL2N2W306MnL2N2W3162

  • Support at former resistance at 0.7540/55 and test would fill RBA gap

  • Resistance is at yesterday's 0.7661 high and break targets 76.4 of 0.8007/0.6967 at 0.7761

  • Short-term trend is higher as 5, 10 & 21-day MAs in a bullish alignment

  • A break below 10-day MA at 0.7522 would suggest weak momentum and top forming

  • For more click on FXBUZ









aud/usd Click here

aud/usd 2 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
© 2022 eFXdata · All Rights Reserved
!