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May 04 - 10:55 PM

AUD/USD - Grinding Higher As Equity Markets Steady In Asia

By John Noonan  —  May 04 - 09:16 PM
  • AUD/USD has moved abve the 21-day MA *0.7718) to a high of 0.7729

  • Equity markets are steady with E-minis up 0.20% and AXJ index +0.12%

  • AUD/USD resistance is at 10-day MA at 0.7750 and break would ease pressure

  • Fall on Tuesday held the 50% of the 0.7532/0.7818 move at 0.7675

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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