By Andrew M Spencer — Dec 16 - 10:15 PM
Flat - 0.7567-0.7591 range, moderate volumes - strong jobs had little impact
Aus jobs beat forecasts, on successful coronavirus control nL1N2IX01B
Economic uncertainty on COVID-19 has reduced the impact of data on AUD
Charts; 5, 10 & 21 daily, weekly and monthly moving averages trend north
Strong and unusual bullish setup targets 0.7638, 38.2% 2011-2020 fall
Close below 0.7501, 10 DMA a base on this move, would undermine bias
Upper 21 day Bolli at 0.7610, as overbought signals unwind - trends north
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aud 2 dec 17 Click here
Source:
Refinitiv IFR Research/Market Commentary