By James Connell — Apr 23 - 09:38 PM
• AUD/USD near week's 0.6350 low as liquidity dissipates ahead AU holiday Fri
• Risk of stop-loss selling below 0.6350, but recent USD strength unconvincing
• DXY relatively close to three-year lows, remains vulnerable to policy shifts
• White House attempts to diffuse CN trade & Fed tensions, will be difficult
• U.S. Mar durable goods due Thur (poll +2.0%); Critical AU Q1 CPI Apr 30
• Range early Asia 0.63565-72, support 0.6350 0.6180, resistance 0.6440
0.6550
AUD Hourly
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters