By Rob Howard — Apr 20 - 05:40 AM
AUD/USD helped to 0.7436 by news of A$20 billion bid for Australia's Ramsay
See: nL3N2WH3KTnL3N2WI1SA. 0.7436 is highest level since Maundy Thursday
0.7343 was Monday's one-month low (0.7351 was Tuesday's NY session low)
Offers may emerge near 0.7464 and 0.75 if AUD/USD extends north
0.7464 is 38.2% Fibo of 0.7661 (April 5, 10-month high) to 0.7343
0.7400 (Tuesday's high) is now a support point. 0.7373 was Asian session low
AUDUSD Click here
Source:
Refinitiv IFR Research/Market Commentary