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AUDUSD finds some support

AUD
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  • AUDUSD was heading towards the initial support area of 0.6483 (printed a 0.6489 low), but has bounced back towards 0.6500, taking its cue from the bounce in Equities.
  • The AUD was 1.11% down against the Dollar following the US ECI data beat, but the initial push lower started overnight, on the back of the Australian Retail Sales coming below Consensus.
  • A break through 0.6483, opens to 0.6441/6363 Low Apr 23 / 19 and the bear trigger.
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  • AUDUSD was heading towards the initial support area of 0.6483 (printed a 0.6489 low), but has bounced back towards 0.6500, taking its cue from the bounce in Equities.
  • The AUD was 1.11% down against the Dollar following the US ECI data beat, but the initial push lower started overnight, on the back of the Australian Retail Sales coming below Consensus.
  • A break through 0.6483, opens to 0.6441/6363 Low Apr 23 / 19 and the bear trigger.