By Ewen Chew — Apr 25 - 02:05 AM
AUD/USD extends modest gains to 0.6512 from 0.6498
Advancing toward 200 DMA resistance at 0.6528
That chart barrier deflected it lower on Wed
Rally steered by AUD/JPY and other yen crosses soaring
Fear of intervention fades as 155.00 breached uneventfully
Traders see 160.00 as the new USD/JPY line-in-the sand
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary