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Oct 04 - 10:55 PM

AUD/USD - Scoots Up As Asia Stocks Rally, Lifting Gloom

By Ewen Chew  —  Oct 04 - 09:45 PM
  • AUD/USD builds on solid start, rises to 0.7186 as stocks rally

  • Australia shares up about 2.0% on jobs stimulus nL8N2GV01R

  • Also helped by positivity for Trump's recovery nL1N2GV033

  • AUD/USD will tack onto bullish bias if it close above 0.7255

  • That would place it back above Ichimoku Cloud support zone

  • Bollinger uptrend channel at 0.7290 would then beckon

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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