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Mar 28 - 11:55 PM

AUD/USD - Recovers From Early Dip In Quiet Start To The Week

By John Noonan  —  Mar 28 - 10:40 PM
  • AUD/USD opened 0.7640 after closing 0.82% higher at 0.7642 on Friday

  • The pair moved lower early Asia when E-minis fell over 0.50%

  • Reports of forced equity unwinding weighed on sentiment nL1N2LQ0F5nL1N2LR00H

  • News that Brisbane was going into a 3-day lockdown also weighed on AUD nL1N2LQ0JY

  • AUD/USD traded down to 0.7621 before buyers stepped in to undepin

  • Heading into the afternoon the AUD/USD is uchanged around 0.7640

  • Support is at the 100-day MA at 0.7619 with key support at 0.7564

  • Resistance is found at the 10-day MA at 0.7686

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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