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FxWirePro: AUD/USD shows marginal gains after Australia reports sharp rise in May retail sales

AUD/USD chart - Trading View AUD/USD was trading 0.06% higher at 0.6857 at around 05:00 GMT. Aussie finds some bids after Australia reported a big jump in retail sales in May. Data released early today showed consumer sp…

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FxWirePro: AUD/USD shows marginal gains after Australia reports sharp rise in May retail sales
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AUD/USD chart - Trading View 

AUD/USD was trading 0.06% higher at 0.6857 at around 05:00 GMT.

Aussie finds some bids after Australia reported a big jump in retail sales in May.

Data released early today showed consumer spending, as represented by retail sales, rose 16.3% in May, having declined by 17.7% in the preceding month.

Technical indicators on intraday charts are neutral. 21-EMA is strong support. Break below can change near-term outlook. 
 

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