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Nov 03 - 08:55 PM

AUD/USD - Builds On Gains As Risk Assets Continue To Soar

By John Noonan  —  Nov 03 - 06:35 PM
  • AUD/USD rising above 55-day MA at 0.7182 as risk assets surge early Asia

  • AUD/USD gained 1.5% on Tuesday and is up 0.50% since the NY close

  • E-minis up over 0.50% as market pricing in clear election result and 'blue wave' nL1N2HP17XnL1N2HP111

  • AUD/USD resistance at Oct 9 high @ 0.7243 and 61.8 of 0.7413/0.6990 @ 0.7251

  • Sellers are tipped around 0.7200 where the 50% of the move is found

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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