Derived Data That Drive Results
By John Noonan — Apr 23 - 09:40 PM
AUD/USD has broken above 0.6500 after hotter than expected Q4 Aus CPI nAZN1OO0Q5
The rise in inflation will cause concern for the data dependent RBA
AUD/USD touched 0.6525 before easing to 0.6515/20
It is above the 21-day MA (0.6505) with next resistance at 0.6530
Both the 55 and 200-day MAs converge at 0.6530
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Source:
Refinitiv IFR Research/Market Commentary
