By John Noonan — Jun 01 - 10:15 PM
AUD/USD trading below 0.7170 as risk-off mood in Asia weighs
AXJ equity index is down 1.15% after weak lead from Wall Street
Aus trade surplus for April slightly higher than expected nAZN065606
AUD/USD not reacting to the data as it doesn't impact RBA expectations
Support is at 10-day MA at 0.7133 and break would shift pressure to downside
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Source:
Refinitiv IFR Research/Market Commentary