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Mar 30 - 07:55 PM

AUD/USD - Opens Unchanged After Mixed Flows Contain

By John Noonan  —  Mar 30 - 06:05 PM
  • AUD/USD opens unchanged around 0.7510 after consolidating above 0.7500

  • Broad USD selling underpinned while AUD cross selling capped gains

  • AUD fell 0.80% against JPY, 0.60% against EUR and 0.50% against NZD

  • AUD/USD trending higher in short-term, but momentum is waning

  • The 5, 10 and 21-day MA in bullish alignment but 5-day is tilting lower

  • The 10-day MA is at 0.7483 and break would warn a top is forming

  • Resistance is at 0.7540 and Oct trend high at 0.7555

  • A break above 0.7560 would reenergize trend higher

  • AUD/JPY flows out of Tokyo key as it has fallen over 3% from Monday's high

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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