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Jan 06 - 05:55 PM

AUD/USD - Opens Higher As Markets Look Past D.C. Chaos

By John Noonan  —  Jan 06 - 04:47 PM
  • AUD/USD is set to open 0.50% higher as risk assets rose and USD fell

  • Democrat wins in Georgia run-offs seen positive due to more fiscal spending nL1N2JH0OO

  • Wall Street pared back gains late when violent protests sent D.C. into chaos nL1N2JH25T

  • Scenes from D.C. are deeply disturbing, but muted market reaction so far

  • AUD/USD trending higher with 5, 10 and 21-day MAs in bullish alignment

  • The next level of resistance is a weekly high at 0.7916 made in March 2018

  • Key today will be reaction in Asia to the memorable day in US politics

aud/usd Click here

aud/usd 2 Click here

Refinitiv IFR Research/Market Commentary


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