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Thomson Reuters
Apr 04 - 03:48 AM
AUD/USD - Fails To Make Much Headway Despite Good Trade News
First appeared on eFXplus on Apr 04 - 01:25 AM
  • AUD/USD attempt to rally on signs of progress in Sino-U.S talks fizzles out
  • Trump-Xi meeting date could be announced as early as Thursday nL1N21L0L8
  • APAC stock markets mixed, ASX 200 down 0.9% as p/taking follows recent gains
  • Tepid risk reaction spills on to AUD, 1st resistance at 0.7130-32 holds firm
  • Downside limited as Wed AU and China data quell fears of global recession
  • Strong resistance @ 0.7141-47; support 0.7100, 0.7085-90, strong @ 0.7040-50

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Source:
Thomson Reuters IFR Markets

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