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Feb 09 - 01:55 AM

AUD/USD - Makes Most Of Burgeoning USD Weakness

By Krishna K  —  Feb 09 - 12:50 AM
  • AUD/USD rallies 0.35% in Asia as USD weakens broadly on rising risk appetite

  • Resumes uptrend as reflation trade revives on U.S stimulus hopesnL1N2KF00I

  • Rising copper prices, 14% Dalian iron ore in past 5 sessions lift Aussie

  • Bitcoin euphoria supports; Musk drives up cryptocurrency price nL4N2KE3BF

  • Break of 2021 high at 0.7819 opens test of 100-month MA at 0.7857

  • Resistance 0.7760-65, support 0.7695-0.7700, 0.7650-55

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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