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Apr 11 - 10:55 PM

AUD/USD - Testing 0.7400 As US Yields Rise And Equities Weaken

By John Noonan  —  Apr 11 - 09:40 PM
  • AUD/USD under pressure and testing bids at 0.7400 in early Asia

  • E-minis are down 0.30% and the US 10-year yield is above 2.80%

  • A break below 0.7400 in AUD/USD targets the 61.8 of 0.7165/0.7661 at 0.7354

  • Resistance is at the 21-day MA at 0.7455 and break would ease the pressure

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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