Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 15 - 08:55 PM

AUD/USD - Opens With Bid Tone After Friday's Reversal Higher

By John Noonan  —  May 15 - 06:40 PM
  • AUD/USD trading at 0.6945 after closing +1.17% on Friday at 0.6937

  • Beaten down assets recovered on Friday after selling exhaustion set in nL2N2X51U8

  • News that China will start easing back on Shanghai COVID lockdown may help nL5N2X501I

  • AUD/USD resistance is @ the 10-day MA @ 0.7011 and break would ease pressure

  • Sellers are tipped at 0.6950/65 which may impede AUD/USD recovery

  • Key will be follow-through in equities and commodities after Friday's gains

  • For more click on FXBUZ










aud/usd 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
!