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Apr 19 - 11:55 PM

AUD/USD - Outperforming As It Hits Session And 1-Month High

By John Noonan  —  Apr 19 - 10:45 PM
  • AUD/USD traded to 0.7793 - after breaking above yesterday's 0.7784 high

  • AUD outperforming with AUD/JPY up 0.505 since the NY close

  • Market shrugging off move up in US 10-year yield to 1.61% from close @ 1.59%

  • AXJ equity index is flat while the E-minis are up 0.22%

  • AUD may be getting support from 1.5% move up in Dalian iron ore

  • AUD/USD wen bid after RBA Minutes even though there were no surprises nRUAKFEHAA

  • Sellers are tipped around 0.7800, which mat slow the ascent

  • Resistance is at the 61.8 of the 0.8007/0.7532 move at 0.7825

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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