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Dec 21 - 01:55 AM

AUD/USD - Ventures Higher, Coaxed By Equities Rally

By Ewen Chew  —  Dec 21 - 01:23 AM
  • AUD/USD rises to 0.7123 from 0.7098 in holiday-thinned trading

  • Rally across Asia stock markets spurs FX reaction; ASX +0.9%

  • S&P futures climb 0.9%, nearly erasing Monday's selloff

  • Potential for AUD/USD to take on mild bullish bias

  • Tues close above 0.7130 will overcome 21 DMA resistance

  • Will clear a path toward Bollinger uptrend channel 0.7175

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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