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Jun 18 - 07:55 AM

AUD/USD - Tide Turns After It Laps Up Against 0.69 Shore

By Rob Howard  —  Jun 18 - 06:20 AM
  • Offers just above 0.6900 capped the AUD/USD rise from 0.6838 (Asia low)

  • 0.6903 = intra-day high during the European morning. 0.6869 = subsequent low

  • Asia low was plumbed on worse than expected Aussie jobs data nL4N2DV0JE

  • 0.6838 = 4 pips shy of geopolitical news-influenced low Tuesday nL1N2DU0CY

  • Chinese fighter jets buzz Taiwan again, stoking tensions nL4N2DV1ZM

  • Top U.S, China diplomats meet in Hawaii as tensions flare nL1N2DU0QK

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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