By John Noonan — Jan 14 - 08:25 PM
AUD/USD slipped to 0.7770/75 from earlier high at 0.7788
E-minis down 0.25% after being up 0.20% earlier in the session
Biden stimulus plan already priced in so positive impact starting to fade nL1N2JP30B
Market may price possible stumbling blocks to get plan through Congress
AUD/USD 10-day MA at 0.7752 with buyers tipped between 0.7720/30
Sellers are lined up around 0.7800 with resistance at Jan 6 high at 0.7819
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Source:
Refinitiv IFR Research/Market Commentary