By John Noonan — Apr 11 - 11:55 PM
AUD/USD opened +0.17% at 0.6653 and traded in a 0.6649/65 range
Heading into the afternoon it is settled around 0.6660
Commodities firmed in Asia to underpin AUD/USD
Dalian iron ore was +0.83% while Lon copper 0.25% and gold was +0.75%
Market was quiet ahead of US CPI data that could determine USD direction nL4N36F05B
AUD/USD resistance is at the 21-day MA at 0.6685 and 10-day MA at 0.6696
Bids are eyed ahead of 0.6600 with support at 2023 low at 0.6564
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Source:
Refinitiv IFR Research/Market Commentary