By John Noonan — May 21 - 08:20 PM
AUD/USD a bit higher in line with broad USD weakness to start the week
It has traded 0.6661 after hitting a low at 0.6641 earlier
Resumption of debt ceiling talks in US helping to underpin risk assets nL1N37I018
E-mini futures down just 0.10% after opening down 0.30%
AUD/USD resistance at the 21-day MA at 0.6675 and 10-day MA at 0.6682
Support is at the 2023 low at 0.6564 with bids eyed just above 0.6600
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Source:
Refinitiv IFR Research/Market Commentary