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TDUX
Apr 14 - 05:55 PM

AUD/USD - Firms Amid Renewed Signs Of US-Iran Diplomacy

By James Connell  —  Apr 14 - 04:57 PM

• AUD/USD +0.4% late Tue as oil price moderation improves broad risk sentiment

• U.S. & Iran flagging potential diplomatic engagement; WTI -7.0%, DXY -0.3%

• New energy metals hitting pre-war highs, nickel +2.9%, copper +1.9%

• AUD threatens challenge of 0.7188, break likely requires fresh catalyst

• U.S. Mar trade price data due Wed, AU Mar employment update Thur

• RBA Deputy Governor Andrew Hauser speaking in Washington D.C. Wed evening

• Overnight range 0.70925-0.7147, support 0.6834 0.6660, resistance 0.7188
AUD Weekly 52-WMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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