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Derived real-time data in partnership with:
Thomson Reuters
Jan 27 - 08:36 PM
AUD/USD - Rally Back On Track With Positive Risk Sentiment
First appeared on eFXplus on Jan 27 - 04:50 PM
  • AUD/USD trades a touch lower in holiday market after 1.3% rise Fri
  • No market moving news over the weekend after the shutdown ended Fri
  • Momentum studies turning higher, MAs coil but support AUD/USD rally
  • AUD/USD support between 10,5 and 21 DMAs at 0.7160/0.7136
  • Resistance now focussed back on mid-Jan highs and 76.4 Fibo at 0.7225/35
  • Focus in Asia will be on stock markets' reaction to the firm Wall St close

AUD daily: Click here

Source:
Thomson Reuters IFR Markets

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