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Feb 23 - 05:55 PM

AUD/USD - Backs Away From 2025 High Amidst US Uncertainty

By James Connell  —  Feb 23 - 04:49 PM

• AUD/USD softened late Fri after testing key 0.6410-15 resistance in Asia

• Mixed U.S. data saw AUD drift from its 0.6409 high to 0.6352 late New York

• U.S. consumer inflation expectations at 15-month high

• The pair found some early support Monday, settling mid-range

• AU Monthly CPI indicator data due Wednesday, Quarterly Capex Thursday

• AUD range Asia 0.6363-73, support 0.6330, resistance 0.6415 (38.2% Fibo)
AUD mng


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

Source:
London Stock Exchange Group | Thomson Reuters

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