By John Noonan — Jan 12 - 09:27 PM
AUD/USD opened 1.0% higher at 0.7773 and traded in a 0.7764/81 range
Heading into the afternoon it was just above the session low
AXJ equity index and Lon copper both up around 0.50% in Asia
Firm risk assets and the topping out of US yields underpins AUD/USD nL1N2JO028
Support at 10-day MA at 0.7739 with key support at 21-day MA at 0.7658
Resistance is at the Jan 6 trend high at 0.7819 with sellers ahead of 0.7800
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Source:
Refinitiv IFR Research/Market Commentary