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Apr 21 - 02:55 AM

AUD/USD - Offered Tone Persists On Broadly Lower APAC Stocks

By Krishna K  —  Apr 21 - 12:40 AM
  • AUD/USD consolidates with an offered tone in Asia on dour risk sentiment

  • APAC stock markets uniformly lower on rising tide of virus cases worldwide

  • Australia Mar retail sales better than expected as economy performs strongly

  • But news taken in stride as global risk-off mood prevails nL1N2ME02O

  • Downside limited as copper hovers near 10-year high, Dalian iron near record

  • Support 0.7706-08, 0.7674-79, resistance 0.7745-50, 0.7780-85

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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