By John Noonan — May 31 - 09:00 PM
AUD/USD above 0.7190 after a round of Tokyto AUD/JPY buying in early Asia
E-minis are around 0.5% higher to provide added support
Sellers are tipped around 0.7200 with resistance at 100-day MA at 0.7230
AUD/USD support at 0.7150 and the 10-day MA at 0.7122
Aus Q1 GDP out shortly and may provide some volatility
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Source:
Refinitiv IFR Research/Market Commentary