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May 11 - 10:55 PM

AUD/USD - Tests Support After AUD/JPY Selling Out Of Tokyo

By John Noonan  —  May 11 - 08:50 PM
  • AUD/USD traded to Tuesday's 0.6911 low after Tokyo sold AUD/JPY

  • AUD/JPY fell a quick 0.50% in risk-off start to the Asian session

  • AUD/USD bids around 0.6910 holding for now and it is back to 0.6930/35

  • A break below 0.6910 targets the 50% of the 0.5510/0.8007 move at 0.6758

  • AUD under broad pressure as global growth concerns intensify

  • For more click on FXBUZ









aud/usd Click here

aud/usd 2 Click here

Source:
Refinitiv IFR Research/Market Commentary

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