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May 13 - 08:36 PM

AUD/USD - Consumer Sentiment Rebound Helps Bounce From Low

By John Noonan  —  May 12 - 08:55 PM
  • AUD/USD fell to 0.6451 earlier before running into bids around 0.6450

  • Pair is rebounding - helped by sharp improvement in Aus consumer sentiment nS9N2CO00J

  • S&P futures down only 0.40% after falling more than 0.80% earlier

  • Hourly resistance is found at 0.6495 where sellers are tipped










aud/usd IMAGE Click here

Source:
Refinitiv IFR Research/Market Commentary

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