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Antipodeans Extend Gains

FOREX

Pressure on the USD continues in the Asian session, the Antipodeans are extending gains higher. Regional Equities are firmer boosting risk appetite weighing on the USD, BBDXY is down ~0.3%

  • AUD/USD is ~0.8% firmer, dealing above the $0.67 handle. Resistance is seen at the 20-Day EMA at $0.6723.
  • Kiwi is also firmer, NZD/USD is up ~0.6%. The pair has broken its 20-Day EMA opening up the 200-Day EMA at $0.6275 for bulls.

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