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May 18 - 12:12 AM

AUD/USD - Better Bid As S&P Futures Jump Higher

By John Noonan  —  May 17 - 07:05 PM
  • S&P futures up 0.75% in early Asia and giving the AUD/USD a modest lift

  • AUD/USD trading around 0.6425 after trading down to 0.6411 earlier

  • Resistance comes in at 10-day MA at 0.6459 and Friday's high at 0.6473

  • Equity investors remarkably resilient despite high levels of uncertainty

  • US-China nd Australia-China tensions should cap rallies










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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