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AUDUSD is 25 pips or so softer in............>

AUSSIE
AUSSIE: AUDUSD is 25 pips or so softer in Asia-Pacific dealing, trading at
~0.7480 after a session of risk aversion weighed on the cross on Tuesday.
- The cross has moved below the initial support level noted at the May 18 low of
0.7486, with bears now focusing on the May 15 low at 0.7445. Bulls now need a
close above the 21-DMA at 0.7523 to gain breathing room.
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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