By Andrew M Spencer — Dec 08 - 10:30 PM
+0.3% near the top of a 0.6763-0.6800 range - busy from late morning on D3
Commodities firmer, Nikkei +1.35%, AsiaxJP +1%, ASX 200 +0.5% - risk on
U.S. dollar and risk appetite will continue to lead AUD/USD into the weekend
Charts; momentum studies, 5, 10 & 21 day moving averages conflict
21 day Bollinger bands edge higher - uptrend stalled, but remains in place
Key levels are 0.6590 38.2% Oct-Dec rise and 0.6851 Dec high
Fed, ECB and BoE rates, Aus jobs and RBA Lowe speech event risk next week
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary