By John Noonan — Feb 08 - 05:29 PM
AUD/USD opens 0.34% higher, after benefiting from investor risk appetite
Wall Street closed higher for sixth straight session and copper gained 1.05%
AUD/USD closed above the 21-day MA (0.7695) for first time Jan 26
Next resistance in the AUD/USD is at the 61.8 of 0.7819/0.7564 at 0.7721
AUD/USD will continue to benefit from optimistic global outlook
Support is found at the 210day MA at 0.7693 and 10-day MA at 0.7651
NAB Business survey is out today
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Source:
Refinitiv IFR Research/Market Commentary