By John Noonan — May 22 - 06:45 PM
AUD/USD opens unchanged as FX market awaits fresh catalysts to commit
US yields edged higher on hawkish Fed comments - but impact on AUD/USD limited nL1N37J22J
AUD/JPY buying helped to underpin - as the cross closed up 0.50%
AUD/USD resistance is at 0.6670/75 where the 10 & 21-day MAs converge
A break above 0.6675 would shift the pressure to the upside
Support is at the 2023 low at 0.6564 with bids tipped ahead of 0.6600
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary