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AUD/USD eyes late-Jan high near 0.8025

AUD/USD sets new trend high as stops >0.7950 run, eyes late-Jan high near 0.8025 Rally faders emerge, only slow rise, Fed risk looms, if dovish then rally persists Yield spreads & RSIs support view for more gains, dip bu…

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  • AUD/USD sets new trend high as stops >0.7950 run, eyes late-Jan high near 0.8025 

  • Rally faders emerge, only slow rise, Fed risk looms, if dovish then rally persists

  • Yield spreads & RSIs support view for more gains, dip buying likely

  • Monthly chart shows bullish engulfing candle, big gains possible

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560