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Thomson Reuters
Apr 15 - 11:00 PM
AUD/USD - Trading With Bid Tone As Risk Assets Reslient
First appeared on eFXplus on Apr 15 - 09:05 PM
  • AUD outperformed every major currency last week except the CAD
  • AUD/USD trading with bid tone this morning as Syria strikes shrugged off
  • S&P futures up 0.55% while Nikkei and most AXJ equities modestly higher
  • AUD/USD trending higher in S/T but needs to clear 200-day MA at 0.7815
  • A break above 38.2 of 0.8136/0.7643 move would suggest bottom in place
  • Key China growth data and Aus employment later in the week the main events

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