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Nov 15 - 01:55 AM

AUD/USD - Bullish Chart May Now Have The Fundamentals To Match

By Ewen Chew  —  Nov 15 - 12:25 AM
  • AUD/USD edges up to 0.6706, just above psych barrier, 100 DMA

  • Closing above would place it out of Ichimoku cloud resistance

  • That will free up room for a test of 61.8% Fibo at 0.6762

  • China and Australia leaders may reset ties at G20 nL1N32B0BG

  • RBA says open to more hikes but possibly slowly nS9N31B019

  • Chinese stocks soaring on policy support hopes also AUD-positive

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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