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May 20 - 09:48 PM

AUD/USD - No Reaction To 'worst Ever' Aus Prelim Retail Sales

By John Noonan  —  May 19 - 09:45 PM
  • Aus prelim retail sales April retail sales strongest SA fall ever nS9N2BC00B

  • AUD/USD not reacting and is trading at session high around 0.6560

  • AUD/JPY demand underpinning AUD/USD with cross up 0.50%

  • S&P futures are up over 0.50% and supporting risk currencies

  • AUD/USD resistance at yesterday's 0.6587 high

  • Key resistance at the 200-day MA at 0.6663










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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