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AUDUSD through the session high

AUD

AUDUSD extends gains, through high of the session and 0.46% up on the day.

  • US stimulus and Brexit, is benefiting riskier and risk tied assets.
  • Next resistance in AUDUSD is still a few pips further out, at 0.7640 High Dec 17 and the bull trigger
  • While AUD trades on the front foot on the weaker Dollar, it is trading through the lowest levels versus the NZD since the 17 of Dec.
  • AUDNZD next support comes at the 16-17 Dec low at 1.0626

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