By John Noonan — Apr 28 - 08:50 PM
AUD/USD moving higher and is trading @ 0.6545 after closing Friday @ 0.6533
USD starting off week on a soft note and is broadly lower in early trading
Risk assets firm with the E-minis up 0.18% and the Australia ASX up 0.6%
AUD/USD resistance is at the 38.2 of Dec-April fall at 0.6556
Friday's high was at 0.6554 where selling is tipped
Support is at 200-day MA at 0.6525 after it closed above that reading Friday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary