By John Noonan — Apr 23 - 08:45 PM
AUD/USD traded down to 0.6682 after hitting high at 0.6699 earlier
E-minis open the week down 0.25% in a cautious start to the week
AUD/USD support at Friday's 0.6678 low and April 10 low at 0.6619
Resistance is at the 21-day MA at 0.6705 and 10-day ma at 0.6711
A close above the 10-day MA would ease the downward pressure
Key resistance is at the 100-day MA at 0.6798
AUD/USD may consolidate ahead of key Aus Q1 CPI on Wednesday
Aus cPI outcome will likely determine RBA decision the following week
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary