By Christopher Romano — Dec 15 - 01:35 PM
Quiet market in Europe am, NY opens near 0.7520, rally ensues
Upbeat risk takes hold, stocks & commodities gain, safe-havens sold
Vaccine nL4N2IV31C & Brexit nS8N2HC0BN hopes give initial risk boost
Hope for US coronavirus relief nL1N2IV1UZ gives risk an added boost
AUD/JPY climbs above 78.50, AUD/USD rallies above 0.7570
Resistance near 0.7580 untouched though as Fed meeting risk remains
Techs remain bullish; RSIs rise and a daily bull hammer forms
Test of April, June 2018 monthly highs still seems likely
For more click on FXBUZ
aud/usd Click here
Source:
Refinitiv IFR Research/Market Commentary