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Apr 28 - 10:55 PM

AUD/USD - Tracking Higher As USD Eases And Asia Upbeat On Risk

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

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