AUD/USD - Opens Higher As Optimism Dominates Price Action

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  • AUD/USD opens 1.7% higher after risk assets soared on investor optimism
  • Progress in developing a COVID-19 vaccine & progress on EU package underpins
  • AUD and NZD the best performing currencies in refection of upbeat sentiment
  • AUD/USD closed above 100-day MA (0.6507) for first time since Jan 23
  • Support at 10-day MA at 0.6477 and 21-day MA at 0.6450
  • AUD/JPY flows out of Tokyo eyed after the cross gained 2.0% yesterday


AUD/USD - Opens Higher As Optimism Dominates Price Action


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