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Apr 22 - 01:55 AM

AUD/USD - Consolidates In Asia After Reversing Higher In US

By John Noonan  —  Apr 21 - 11:40 PM
  • AUD/USD opened 0.23% higher @ 0.7753 and traded in a 0.7748/64 range in Asia

  • Pair recovered from 0.7698 during US session on Wall Street gain and BoC nL1N2ME2Q7 nL1N2ME2BL]

  • AUD/USD support is at the 10-day MA at 0.7707 and yesterday's 0.7698 low

  • Resistance is at Tuesday's 0.7816 high and 61.8 fibo of 2021 move at 0.7825

  • Hawkish shift by Bank of Canada may underpin AUD is RBA follows suit nL4N2ME478

  • ECB meeting later today may inluence general direction of the USD

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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