By Ewen Chew — Apr 21 - 01:18 AM
• AUD/USD hits 0.6427 from 0.6377, highest since Dec, last 0.6420
• Threat to Fed independence unleashes next wave of USD selling
• Further AUD/USD gains likely as chart looks more bullish
• 200 DMA resistance at 0.6471 is now a clear target
• Base of Bollinger uptrend channel rises to support 0.6389
• Chinese eateries set to import more Australian beef
AUD:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters
