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Thomson Reuters
Feb 10 - 09:48 PM
AUD/USD - Moves Higher On Glimmer Of US/China Trade Hopes
First appeared on eFXplus on Feb 10 - 07:00 PM
  • AUD/USD breaking above 0.7100 after trading as low as 0.7082 earlier
  • Report Xi may meet with Trump at Mar-a-Lago next month to try end trade war
  • AUD is one of the proxies for US/China trade tensions
  • Resistance is found at 38.2 of 0.7295/0.7060 move at 0.7150

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Source:
Thomson Reuters IFR Markets

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