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Jun 29 - 07:55 PM

AUD/USD - Opens Lower As FX Risk-Off Mood Persists

By John Noonan  —  Jun 29 - 07:15 PM
  • AUD/USD opens -0.70% after risk currencies fell against USD and JPY

  • Concerns spread of Delta variant of COVID will negatively impact growth nL2N2OB1WM

  • Lockdowns in Australia starting to impact RBA expectations nL2N2OB00V

  • AUD/USD poised above support at double-bottom at 0.7478

  • Resistance is at the 10-day MA at 0.7546 and 21-day MA at 0.7633

  • Sentiment turning bearish as global growth concerns capping gains

  • AUD/USD rallies likely to be sod ahead of US jobs data on Friday

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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