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May 10 - 07:55 PM

AUD/USD - Opens Slightly Lower After Equities Settle And US Yields Ease

By John Noonan  —  May 10 - 07:00 PM
  • AUD/USD opens -0.16% after settling in the middle of the 0.6911/86 range

  • Wall Street closed mixed while US yields moved lower nL2N2X22VP

  • Key commodities remain heavy as demand concerns weigh nL2N2X20J2nL3N2X22V0nL2N2X22WL

  • AUD/USD resistance is at the 10-day MA at 0.7057 and break eases pressure

  • Support is at 0.6911 with better support at the 50% of pandemic low/high at 0.6758

  • For more click on FXBUZ









aud/usd Click here

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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