By John Noonan — Apr 27 - 11:10 PM
AUD/USD opened +0.39% after risk assets firmed and safe-haven unwound nL1N36U3C1
It moved up to 0.6642 early Asia before settling unchanged around 0.6630
Support has formed at 0.6690/95 where it bottomed Wednesday/Thursday
More support is at the March 10 trend low at 0.6564
AUD/USD trending lower with the 5, 10 & 21-day MAs in a bearish alignment
Resistance is at the 10-day MA at 0.6677 and 21-day MA at 0.6692
Volatility likely to increase nest week when the RBA and Fed decide
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Source:
Refinitiv IFR Research/Market Commentary