By John Noonan — Dec 21 - 08:50 PM
USD coming under broad pressure - led by USD/JPY falling below 131.90
AUD/USD pushing above yesterday's 0.6728 high to a high so far at 0.6735
Resistance is at 0.6742/47 where the 10 & 21-day MAs converge
A break above 0.6750 opens the way for a run towards the 200-day MA @ 0.6885
AUD/USD also getting support from a 1.0% move up in the AXJ index
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary