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Apr 08 - 11:55 PM

AUD/USD - Vaccine Issues Weigh, But Recent Range Rules

By Andrew M Spencer  —  Apr 08 - 11:30 PM

  • -0.2% with decent interest at the base of a 0.7636-0.7661 range

  • After a strong COVID-19 performance, Australian vaccine rollout disappoints

  • PM holds national cabinet meeting amid vaccine upheaval nL1N2M138V

  • Fast, robust economic recovery difficult without efficient vaccine rollout

  • RBA warns of excessive lending risk as house prices surge nRUA8FEH9N

  • Charts; choppy 0.7599 - 0.7676 range this week looks set to extend

  • Daily momentum studies, 5, 10 & 21 moving averages conflict - neutral setup

  • NY 0.7633 low and Asian 0.7661 high initial support-resistance

    For more click on FXBUZ


aud apr 9 Click here

Source:
Refinitiv IFR Research/Market Commentary

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