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AUD/USD now a handful of pips away from......>

AUSSIE
AUSSIE: AUD/USD now a handful of pips away from the aforementioned key near-term
resistance, which has been defined at the Apr 14 high of $0.6445. A break
through here would expose $0.6492, the Mar 12 high. AUD the clear outperformer
among G10 FX on the aforementioned idiosyncratic matters, while the latest leg
higher comes as e-mini futures move back into positive territory.
- Also worth remembering that Wednesday's NY cut will see ~A$1.7bn worth of
AUD/USD options with a strike of $0.6450 expiring.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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