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May 25 - 03:48 AM

AUD/USD - Slips Lower As S&P Futures Give Back Gains

By John Noonan  —  May 24 - 09:45 PM
  • S&P futures up just 0.10% after opening over 0.50% higher

  • AUD/USD correlated with S&P futures of late and is slipping lower

  • AUD/USD traded to 0.6550 earlier and is now hovering around 0.6525

  • Support at 10-day MA at 0.6508 and 21-day MA at 0.6490

  • A break below 0.6490 would suggest short-term top in place at 0.6616










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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