Back
4 Apr 2013
Forex Flash: AUD/USD up on encouraging numbers - OCBC Bank
FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank comments that after relinquishing intra-day gains on Wednesday, AUD/USD bounced higher again in early Asia.
He notes that the move came on better than expected February building approvals and retail sales numbers. Initial resistance is expected towards 1.0510 with the pair still seen supported in a 1.0360-1.0500 band.
He notes that the move came on better than expected February building approvals and retail sales numbers. Initial resistance is expected towards 1.0510 with the pair still seen supported in a 1.0360-1.0500 band.