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Dec 26 - 10:55 PM

AUD/USD - Holds Gains As Australia Sticks To Reopening Plan

By Ewen Chew  —  Dec 26 - 09:39 PM
  • AUD/USD steady at slightly higher level, last 0.7240

  • Bollinger uptrend channel in effect but chart challenges ahead

  • 50% retracement nearly coincides with 50 DMA at 0.7278

  • Fibo support at 0.7208 offers dip-buying opportunity

  • Australia records first Omicron-related death nL1N2TC01B

  • But authorities stick to reopening plan, no new curbs

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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