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May 31 - 10:55 PM

AUD/USD - Moving Higher As AUD/JPY Buying And Firm E-Minis Underpin

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

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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