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Thomson Reuters
Jan 11 - 08:36 AM
AUD/USD - Helped To 1-Month High By U.S-China Trade Deal Hope
First appeared on eFXplus on Jan 11 - 07:00 AM
  • Risk-sensitive AUD continues to benefit from China-U.S. trade deal hope
  • U.S. expects China's top trade negotiator to visit 'most likely' this month
  • See: nL3N1ZA03L. 0.7235 was one-month high for AUD/USD during European am
  • 0.7220 (Asia high) and 0.7200 (ex-resistance level) are now support points
  • Bullish backdrop may see AUD/USD challenge serious resistance nL1N1ZB07M
  • Q1 force is with AUD bulls nL1N1ZB08W. U.S. inflation data due 1330GMT

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