Home AUD/USD: Interim support at 0.6100 – OCBC

AUD/USD: Interim support at 0.6100 – OCBC

Updated: 30 Mar. 2020 | 09:47

The AUD/USD breaching the 0.6080/90 resistance probably strengthened the upside momentum, according to Terence Wu, a FX Strategist at OCBC Bank.

Key quotes

“The concern is whether the run of positives have been exhausted for now.”

“Watch for 0.6100 as an interim support as the pair reach for 0.6200.”

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