By John Noonan — Dec 29 - 05:33 PM
USD fell across the board on Tuesday despite sluggish Wall Street session nL1N2J91MS
AUD/USD opens at 0.7606 after sellers at 0.7620/25 capped for second day
Major fibo resistance is at the 38.2 of 1.1081/0.5510 fall at 0.7638
A break above 0.7640 would be bullish and may induce fresh buying
Support is at yesterday's 0.7577 low and the 21-day MA around 0.7630
Bearish USD sentiment into year-end will likely underpin AUD/USD
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Source:
Refinitiv IFR Research/Market Commentary