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Jun 19 - 08:55 AM

AUD/USD - Longs Resilient Despite Geopolitical Risk

By Christopher Romano  —  Jun 19 - 07:45 AM
  • Australia sees China as suspect in recent cyberattacks nL4N2DV54O

  • AUD/USD buoyant though, rallies 0.6840 area which is turning into support

  • Equity ESv1, copper HGv1 & AUD/JPY gains help lift AUD/USD near 0.6885

  • Pair hemmed in between 10- & 21-DMAs, could be coiling-up for a break

  • Consolidation of Mar-Jun gains, rising RSIs suggest break higher is coming

  • Upbeat risk, US$ sales needed for the break For more click on FXBUZ











aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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