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Nov 24 - 05:55 PM

AUD/USD - Set To Open 1.0% Higher As Risk Assets Soar

By John Noonan  —  Nov 24 - 05:05 PM
  • AUD best performing currency Tuesday, as investors bought risk on optimism

  • Wall Street and key commodities soared on vaccine hopes and Biden transition nL1N2IA2GN

  • AUD/USD up over 1.0% and above stubborn resistance at 0.7335/45

  • Next resistance at 2020 high at 0.7413 with sellers ahead of 0.7400

  • Support at 10-day MA around 0.7295 with buyers ahead of 0.7300

  • Sentiment bullish as AUD and NZD attract investment flows nL4N2I901V

  • Aus Q3 construction work done out today, but not expected to move market

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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