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Jan 14 - 08:55 PM

AUD/USD - Dips As US Stimulus Euphoria Fades

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

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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