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Dec 25 - 08:36 PM
AUD/USD - Gets Boost To Extend Rally As Trump To Sign With Xi
First appeared on eFXplus on Dec 25 - 07:00 PM
  • AUD/USD opens higher Thurs at 0.6923 from Wed close 0.6908

  • Trump said will soon sign phase one deal with Xi nL1N28Y0A0

  • Removes some more uncertainty, hints at warmer ties

  • AUD/USD bulls get validation with close above 200 DMA

  • Also inside Bollinger uptrend channel; base at 0.6908

  • Next target is psych barrier, momentum trigger 0.7000










Source:
Refinitiv IFR Research/Market Commentary

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