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Jun 01 - 10:55 PM

AUD/USD - Little Change After Better Aus Q1 GDP

By John Noonan  —  Jun 01 - 09:40 PM
  • AUD/USD virtually unchanged after better than expected Q1 Aus GDP nAZN0UZC00

  • The +1.8% Q/Q was higher than the Reuters poll of +1.5%

  • Small reaction due to market pricing in better result after yesterday's data

  • AUD/USD traded to 0.7774 briefly, but back to 0.7760/65

  • Resistance is at the 50% of the 0.7891/0.7677 move at 0.7784

  • Support is at the 10-day MA at 0.7745

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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