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May 20 - 08:36 PM

AUD/USD - Boosted Early By AUD/JPY Demand

By John Noonan  —  May 19 - 08:50 PM
  • AUD/JPY pushing above 0.6550 - underpinned by a 0.50% rise in AUD/JPY

  • Tokyo demand for AUD/JPY has the price apporaching yesterday's 70.95 high

  • Nikkei up over 0.50% and S&P futures 0.30% higher - helping sentiment

  • AUD/USD resistance at 0.6587 with key resistance at 200-day MA at 0.6663

  • Support at the 100-day MA at 0.6502 and 10-day MA at 0.6491










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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