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Jun 30 - 07:55 PM

AUD/USD - Opens Higher As Risk Rally And Month-End Supports

By John Noonan  —  Jun 30 - 05:55 PM
  • AUD/USD opens 0.54% higher after getting support from broad risk rally nL1N2E72RH

  • Also underpinning AUD/USD was month-end rebalancing that favoured AUD

  • AUD/USD is poised to break higher after completing bullish outside day

  • The parameters of the pennant on Tuesday were 0.6830/0.6922 - which held

  • Today's parameters are 0.6910 and 0.6835

  • A break above 0.6910 targets the double top formed around 0.6975

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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