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Apr 24 - 07:55 PM

AUD/USD - Rebuffed By 200 DMA As USD Finds Its Footing

By Ewen Chew  —  Apr 24 - 07:30 PM
  • AUD/USD rally deflected by 200 DMA resistance on Wed

  • Key barrier at 0.6528 might prove resilient for now

  • Consolidation lower toward 38.2% Fibo 0.6470 may ensue

  • Pullback cued by UST yields rebounding, renewed JPY weakness

  • USD/JPY spikes through 155.00 despite FX intervention threat

  • BOJ meeting concluding Fri eyed; Australia closed Thurs

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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