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Jun 21 - 05:55 PM

AUD/USD - Down On Virus Upturn; Victoria Extends Emergency

By Krishna K  —  Jun 21 - 04:00 PM
  • AUD/USD lower by 0.3% in early Asia on resurgence in virus cases globally

  • Australia state extends state of emergency as virus cases spike nL4N2DY01V

  • Reinstates restrictions on home and public gatherings nL4N2DY01V

  • Risk mood sours; Fed officials signal rising caution on US economic recovery

  • Negative mood on Wall Street Friday likely to permeate to APAC markets

  • Daily close below 21-DMA @ 0.6835 negative; support 0.6800-05, 0.6775-80

  • Resistance 0.6850-55, 0.6870-75; related nL1N2DW1D8


Source:
Refinitiv IFR Research/Market Commentary

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