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Dec 29 - 05:55 PM

AUD/USD - Closes Above 0.7600 As USD Broadly Weakens

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

  • For more click on FXBUZ









aud/usd Click here

aud/usd 2 Click here

Source:
Refinitiv IFR Research/Market Commentary

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