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Nov 11 - 02:55 AM

AUD/USD - Rides Higher On Kiwi's Coat-Tails

By Krishna K  —  Nov 11 - 12:55 AM
  • AUD/USD rallies 0.3% in Asia on positive risk sentiment, solid domestic data

  • Buoyed by hopes of swifter-than-expected economic recovery nL1N2HW3LT

  • Boosted by NZD rally to 1-1/2 year high in wake of RBNZ meet nL4N2HW0O5

  • Australian shares rise for 5th straight session Wed on vaccine optimism

  • Strong resistance at 0.7335-45, highs in mid-Sept; above opens 0.7400-10

  • Supports 0.7250-55, 0.7205-10; 0.7200-0.7400 consolidation in the making?

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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