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May 30 - 11:55 PM

AUD/USD - Moving Higher As Buoyant Risk And Soft USD Support

By John Noonan  —  May 30 - 10:44 PM
  • AUD/USD up 0.20% and has traded as high as 0.7727 in firm start to the week

  • Buoyant Asian equities and broad USD weakness underpinning AUD/USD is Asia

  • Resistance is at the 10-day MA (0.7745) which held rallies Thursday/Friday

  • AUD/USD has been bid since hitting 0.7677 early in Friday's NY session

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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