By John Noonan — Jun 05 - 06:40 PM
AUD/USD fell 0.77% on Friday following a solid US non-farm payrolls report nL1N2XQ1NQ
Rise in US yields rose and a steep fall on Wall Street added more weight nL1N2XQ1ATnL1N2XQ26A
AUD/USD fall disappointed bulls who bought after Thursday bullish outside day nL1N2XQ04U
Support is at the 10-day MA at 0.7168 and Thursday's low at 0.7141
Resistance is at the 200-day MA at 0.7258 and Friday's high at 0.7282
Key will be mood in Asian risk assets after Friday's fall on Wall Street
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Source:
Refinitiv IFR Research/Market Commentary