By Ewen Chew — May 05 - 02:50 AM
AUD/USD extends higher to 0.6742, breaching 200 DMA 0.6730
Fri close above will unlock potential for more strength
Bulls would then aim for 38.2% Fibo resistance 0.6780
RBA's hawkish in minutes stokes fresh AUD confidence
But upcoming US NFP may thwart bullish AUD/USD intentions
Fed fund futures price lower odds of US rate cut in Jul
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary