AUD USD 20210401 14.13

Month and quarter end rebalancing flows passed by without causing too much volatility, nonetheless it did provide AUD/USD with a modest bid. However, gains were short-lived with the pair back below 0.76 and softer than expected trade data prompting a break below the YTD (0.7562). Having posted fresh 2021 lows the close will be important, in which a close below 0.7562 opens the door towards the 0.7500 handle. On the topside, any recoveries are likely to be capped by the 100DMA situated at 0.7632.


Subscribe now to get our exclusive forex education

Our Partners

logo ms capital consulting   pawlogo5


formas de pago