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TDUX
Apr 27 - 10:55 PM

AUD/USD - Flatlines In Asia; Trump Unhappy With Iran Proposal

By James Connell  —  Apr 27 - 09:22 PM

• AUD/USD flat Tue, momentum uplift needed to challenge 0.7250-85 resistance

• Trump unhappy with Iran's peace proposal because nuclear issue not addressed

• U.S. Apr consumer confidence due Tue, Reuters poll: 89.0 (91.8 prior)

• Pivotal AU Q1 CPI due Wed (poll +4.2% y/y), will solidify RBA expectations

• No change anticipated from FOMC Wed, Powell's last meeting as Fed Chair

• Range Asia 0.7183-945, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD Daily 55-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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