By John Noonan — Jan 05 - 04:31 PM
AUD/USD set to open around 1.3% higher after making 33-month high at 0.7777
Strong gains backed by a set of AUD-positive factors and broad USD weakness
Strong Yuan nAZN0FV800; soaring commodities nL8N2JF3R2 and Wall Street gains underpin
AUD/USD break above selling interest at 0.7750 unleashed fresh buying
Next resistance is at the double-top at 0.7810/15 made in April 2018
Support is found at former resistance at 0.7740/45
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Source:
Refinitiv IFR Research/Market Commentary