Forex, video, latest April 15, 2021 3:01 pm
AUD/USD pushes to fresh highs inside over three weeks
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a pair is running with a upside momentum again after a slight pullback towards 0.7706-10 at a tail-end of Asia Pacific trading. a firmer risk mood to start European trading is helping somewhat, lifting AUD/USD to a highs for a day at 0.7753.
There is some minor resistance from a 22 March high next @ 0.7756 but beyond that, there isn’t much inside a way of a stronger push towards 0.7800 next for a pair.
As much as a USD may find some potential comfort from a US retail sales report later today, a fact that yields aren’t really showing signs of establishing a next leg higher is a helpful factor to keep USD strength at bay for now.
Adding to that is how a technical picture this has turned much inside favour of buyers this week upon a break of a resistance region @ 0.7656-64 earlier inside a week.
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