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AUD/USD Faces Downside Test - Suncorp

Forex News: AUD/USD weaker overnight on back of weaker commodity prices and a firmer USD. Peter Pontikis, currency strategist at Suncorp, says heightened risk aversion, via weaker equity markets, also working against pair. Likely to find it hard to sustain prices near 0.9570 in Asia session. Lack of domestic data in day ahead won't help to support pair either. Expects pair to move in direction of recent range lows. Expects a retest of 0.9540 and then 0.9512 in the overnight session. AUD/USD latest 0.9562.


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