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Apr 07 - 07:55 PM
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AUD/USD - Surges Higher, Traders On Edge As Deadline Looms
By James Connell — Apr 07 - 05:55 PM
• AUD/USD +1.2% from Tue 0.6899 low ahead of Trump's 0000 GMT Iran deadline
• U.S. threatening to attack Iranian civil infrastructure unless demands met
• CN & RU veto UN resolution to protect shipping in Strait of Hormuz
• AUD pushing upper hourly Bollinger band, pair news reactive in short-term
• U.S. Feb durable goods -1.4% m/m (poll -1.0%), Feb PCE & Q4 GDP due Thur
• Overnight range 0.6910-81, support 0.6834 0.6660, resistance 0.7188
0.7282
AUD Hourly Bollinger Study & DXY Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters