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Sees upside momentum

EQUITIES
  • Further upside momentum in Equities with Estoxx futures (VGU1) now above the 50% retrace of yesterday's fall, now at 4020.
  • Oil follow suit, and trade at the session high towards $73.49 (WTI).
  • Bid in risk provides some USD selling and a bid into AUD and NZD.
  • AUDUSD moves off its worst level traded since the 8th of December.
  • Resistance in AUDUSD moves down to 0.7451 initially.

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