By Christopher Romano — Mar 24 - 11:35 AM
Despite broad based US$ buys =USD AUD/USD hit s fresh 4-month high
Upbeat risk rallies equities ESv1, copper HGv1, iron-ore DCIOc2
Yen sold on upbeat risk, rallies AUD/JPY to a 6 1/2-yr high above 91.75
AUD/USD rally hits 0.75275 before pulling back slightly
Rally stalled short of 0.7535/55 where the Nov & Oct 2021 monthly highs sit
Rising daily, monthly RSIs imply bull momentum intact, further gains due
Should 0.7535/55 break longs the target psychological 0.7600 level
For more click on FXBUZ
audusd Click here
Source:
Refinitiv IFR Research/Market Commentary