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Feb 21 - 08:55 PM

AUD/USD - Above 0.7880 As Tokyo Buys AUD/JPY

By John Noonan  —  Feb 21 - 06:52 PM
  • Tokyo demand for AUD/JPY underpinning AUD/USD early Asia

  • AUD/JPY up 0.30% at 83.20 while AUD/USD above 0.7880

  • Aus 10-year government bond up 4 BPs to 1.42% and helping AUD

  • AUD/USD poised to test psychological resistance at 0.8000 at some stage

  • Wobbly equity markets not impacting bullish AUD sentiment for time being

  • Support is at former resistance at 0.7815/20

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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