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AUD/USD bouncing around session lows in lacklustre end to Asian week

Iron ore up 6%, 15% since 6 April yet AUD/USD below 78 cents Bears rule in AUD especially offshore giving short shrift to Japan Inc buying RBA surely wants to see budget first and then take interest rate decision

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  • Iron ore up 6%, 15% since 6 April yet AUD/USD below 78 cents

  • Bears rule in AUD especially offshore giving short shrift to Japan Inc buying

  • RBA surely wants to see budget first and then take interest rate decision 

 

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Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560