By John Noonan — Apr 15 - 07:00 PM
AUD/USD opens -0.31% as US yields rose and risk-aversion persisted nL2N3GO28AnL2N3GO2H7
AUD/USD made a fresh 2024 low at 0.6438 and there is no bounce
Next support is at the 76.4 of the Oct-Dec 2023 rise at 0.6412
Resistance is at 0.6535 where the 10 & 21-day MAs converge
Sellers are tipped ahead of 0.6500 to cap rallies
China Q4 GDP along with March retail sales and IP to be released today
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary