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Apr 20 - 01:55 AM
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AUD/USD - Eyes Upside, But Iran News Clouds The View
By James Connell — Apr 19 - 11:35 PM
• AUD/USD -0.2% Mon after paring early U.S.-Iran war related losses
• Hormuz shuttered, Iran avoids peace talks, Trump threatens new air strikes
• AUD targeting 0.7250-85 resistance zone, but remains news captive for now
• Hawkish RBA has futures pricing in 73.9% probability of May hike
• U.S. Mar retail sales due Tue; Apr S&P flash PMIs due Thu
• Range Asia 0.7115-633, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD Weekly 52-WMA
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters