By Rob Howard — Dec 31 - 04:48 AM
AUD/USD hit 0.7717 at 0805GMT after vaulting 0.7708 (Asian session top)
0.7717 is the highest level since April 2018 (0.7813 was high that month)
Rise to 0.7717 influenced by year-end USD selling and iron ore gains
Dalian iron ore closed up 2.1% at 996 yuan a tonne nL1N2JB0AL
0.7686 and 0.7639 (Dec 17 high) are now AUD/USD support points
Retreat from Asian session top based 2 pips shy of 0.7686 (Wednesday's high)
AUDUSD Click here
Source:
Refinitiv IFR Research/Market Commentary