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Feb 11 - 05:55 PM

AUD/USD - Bulls Look To Test Topside In Asia

By James Connell  —  Feb 11 - 05:06 PM

• AUD/USD probing 0.6300-05 resistance early in Asia after overnight move

• Powell indicated caution with U.S. monetary policy in a holding pattern

• Despite strength in U.S. treasury yields USD bulls were largely absent

• Australia's PM Albanese re-iterated Trump is considering AU tariff exemption

• AUD continuing to trade near the hourly upper Bollinger Band

• Overnight range 0.62615-0.63015, support 0.6230, resistance 0.6305, 0.6330
AUD mng


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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