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Jan 20 - 05:55 PM

AUD/USD - Strong Gain Ahead Of Aus Employment Data

By John Noonan  —  Jan 20 - 05:11 PM
  • AUD/USD opens 0.82% higher at 0.7747 after AUD outperformed against majors

  • Risk assets uniformly higher on stimulus hopes as Biden sworn in as US President nL1N2JV2UNnL1N2JV0O0

  • AUD/USD closes above 10-day MA (.7733) to reestablish upward momentum

  • Resistance and sellers are tipped between 0.7805/20

  • Aus employment data today and an upside surprise could spark more gains

  • Market expecting +50 K jobs and unemployment to ease to 6.7% from 6.8%

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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