By James Connell — Apr 21 - 09:37 PM
• AUD/USD off highs in Asia, yet remains bid, +8.6% since Apr 9 low
• Bounces from hourly lower Bollinger band, likely to re-test highs
• Broad deterioration in USD sentiment continues to support the pair
• Trump's tirade towards Jerome Powell fuels concern over Fed independence
• Quiet week ahead for AU data; U.S. S&P PMI due Wed, durable goods Thur
• AUD range Asia 0.64006-22, support 0.6180, resistance 0.6469 0.6550
AUD Hourly & Daily
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters