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AUD/USD prints around neutral levels at......>

AUSSIE
AUSSIE: AUD/USD prints around neutral levels at $0.6921, quickly fading after a
show above yesterday's high topped out at $0.6930. Little in the way of news
seen driving the price action.
- Recent sessions have seen the cross benefit from the unwinding of pricing re:
a Feb cut from the RBA in the wake of the latest domestic labour market report,
in addition to prospects of Chinese monetary easing in early 2020.
- Bulls eye $0.6939, the Dec 13 high, which forms key resistance, while bears
look for a break back below $0.6838, the Dec 17 low, to regain some control.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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