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Apr 11 - 07:55 PM

AUD/USD - Quiet Start After Falling Friday On Higher US Yields

By John Noonan  —  Apr 11 - 06:21 PM
  • AUD/USD trading around 0.7615/20 after easing 0.46% on Friday

  • USD broadly firmed on Friday when US yields edged higher on hot US PPI nL1N2M22EH

  • Delay in vaccine rollout in Australia may result in headwinds for AUD/USD nL1N2M138V

  • AUD/USD support is at Friday's 0.7588 low and April 1 trend low at 0.7532

  • Resistance is at the 21-day MA at 0.7660/65 and April 7 high at 0.7676

  • Key will be moves in Asian equities after Wall Street closed at record highs

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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