By James Connell — Mar 26 - 05:47 PM
• AUD/USD ceded Wed's gains in NY as tariff news/data sent U.S. yields higher
• Optimism on narrower tariffs faded, focus turning to car tariff announcement
• U.S. durable goods +0.9% (poll -1.0%), front-loading distortion likely
• AUD traders look to Mar 31-Apr 1 RBA meeting, OCR steady, statement crucial
• The pair close to the hourly lower Bollinger band, looks oversold short-term
• Overnight AUD range 0.6285-0.6330, support 0.6260, resistance 0.6390
0.6415
AUD near lower Bollinger Band on hourly
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters