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Dec 22 - 01:55 AM

AUD/USD - Sputters Before Key Fibo, May Relinquish Gains

By Ewen Chew  —  Dec 22 - 01:10 AM
  • AUD/USD sputters after solid rise to 0.6764, last 0.6750

  • Tentatively falls back under key resistance 61.8% Fibo 0.6762

  • Could consolidate lower till 100 DMA support 0.6660

  • China stocks turn red after positive start; SSEC last -0.3%

  • But S&P futures clings to +0.3% gain after o/n Wall St rally

  • China now seems more keen to stimulate economy nL1N33B0MM

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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