By John Noonan — Mar 21 - 05:40 PM
AUD/USD opens -0.20% after Wall Street fell and US yields soared on Powell comments nL2N2VO2GWnL2N2VO1UY
Growing Russia-Ukraine concerns weighs on risk but may underpin AUD
AUD/USD trending higher with 5, 10 and 21-day MAs in bullish alignment
Support at 10-day MA at 0.7323 and break would ease upward momentum
Resistance is at the March 7 trend high at 0.7440
AUD/JPY flows in focus as Tokyo returns from holiday
Asian equity markets also key in setting the mood in Asia
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Source:
Refinitiv IFR Research/Market Commentary