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Feb 21 - 09:55 PM

AUD/USD - Breaks Above 0.7900 As USD Weakens And Risk Bounces

By John Noonan  —  Feb 21 - 08:33 PM
  • AUD/USD has started the week the way it finished last week and is up 0.45%

  • It has traded above 0.7900 with the high so far at 0.7908

  • AUD/JPY buying underpinned early and now USD offered as risk assets pick up

  • E-minis are up 0.22% after being negative earlier - AXJ index is up 0.80%

  • AUD/USD poised to test psychological resistance at 0.8000

  • Support is at former resistance at 0.7815/20

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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