By John Noonan — May 08 - 09:40 PM
Aus Q1 retail sales -0.6% Q/Q as was expected nAZN14XPXL
AUD/USD unmoved by the data as it sits around 0.6780 where it opened
RBA focussing on inflation and employment in deciding future action
Resistance is at the April 14 high at 0.6808 with sellers above 0.6800
Support is at Monday's 0.6740 low and the 21-day MA at 0.6693
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary