By James Connell — Feb 06 - 10:40 PM
• AUD/USD moved higher in late morning Asia reaching a 0.6295 high
• Traders eyeing the 0.6300 resistance
• Stop-loss buying likely to emerge above the 0.6296 Wed high
• The pair is currently up 1.3% for the week despite trade war fears
• U.S. payrolls data later Fri will be key for short-term direction
• Initial support 0.6255, resistance 0.6300 and 0.6330
• AUD Asia range 0.62795-0.6295, pushing at the topside late
AUD eod
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters