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Dec 31 - 12:12 AM
AUD/USD - Buoyant After China PMI And Year-End Demand
First appeared on eFXplus on Dec 30 - 09:55 PM
  • AUD/USD continues to trade above 0.7000 after opening 0.6994

  • High so far is 0.7007 and it is around 0.7005 into the afternoon

  • Year-end USD selling boosted AUD/USD early and solid China MFG PMI helped nAZN0HKX00

  • AUD/USD sellers capping for now with next resistance at 0.7056

  • This is the 61.8 of the 2019 high/low and break would be bullish

  • AUD/USD in S/T trend higher while 10-day MA at 0.6931 holds on dips






aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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