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Thomson Reuters
Jun 01 - 02:36 AM
AUD/USD - Lower In Asia - USD Leads, As Markets Cool
First appeared on eFXplus on Jun 01 - 12:55 AM
  • AUD -0.3%, as USD strength kicks in this afternoon in Asia - AUD/JPY flat
  • Nikkei +0.1%, AsiaxJP +0.1%, E-mini S&P +0.1% - cautious start to June
  • World trade news is risk off, US allies to retaliate on tariffs
  • Positive momentum studies, 5, 10 & 20 DMAs flat line - neutral setup
  • 0.7613, 50% Apr/May is pivotal resistance - close above would be bullish
  • 0.7520 452M strikes & earlier 0.7573 high initial support/resistance

aud2 jun 1 Click here

Source:
Thomson Reuters IFR Markets

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