By John Noonan — Jan 05 - 10:15 PM
AUD/USD opened -1.27% at 0.6751 after USD rose on strong ADP jobs data nL1N33Q274
AUD/JPY buying in early trading helped to underpin AUD/USD
Asian markets rallied and helped AUD/JPY rise over 0.50% nL1N33R03G
E-minis are around 0.4% higher while the AXJ index is up 0.70%
AUD/USD tracking risk higher and has moved above 0.6780
Sellers are ahead of 0.6850 with double-top formed at 0.6885/95
Support is at the 21-day MA at 0.6753 and Jan 3 low at 0.6689
Key will be reaction to US non-farm payrolls later today
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary