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May 26 - 03:48 AM

AUD/USD - Breaks Above 0.6550 As AUD/JPY Demand Underpins

By John Noonan  —  May 25 - 09:05 PM
  • AUD/USD traded as high as 0.6565 so far, as sentiment in Asia is risk-on

  • S&P futures, ASX 200 and Nikkei all up over 1.0% in early Asia

  • AUD/JPY demand helping to support AUD/USD with cross up over 0.30%

  • AUD/USD resistance at Friday's 0.6572 high and break targets 0.6616










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Source:
Refinitiv IFR Research/Market Commentary

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