By John Noonan — Sep 03 - 10:35 PM
AUD/USD grinding above 0.6470 as risk assets are moving higher in Asia
AXJ equity index is up 0.83%; Nikkei up 0.50% and Dalian iron ore up 1.65%
News China property developer Country Garden received bond extension underpinning risk nL1N3AF0GX
AUD/USD now above 21-day MA at 0.6564 helping to provide upward momentum
Stiff resistance is at 0.6522- Friday's high and triple top
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Source:
Refinitiv IFR Research/Market Commentary