AUD/USD chart - Trading View
AUD/USD opened the week with a small bullish gap-up, and has edged above the 0.76 handle.
The pair was trading 0.22% higher on the day at 0.7610 at around 04:20 GMT, after closing 0.27% higher on 24th trade.
Risk assets like the Aussie remain buoyed after reports that President Trump signed the much awaited coronavirus relief bill.
S&P 500 Futures probe intraday high, while the dollar index was seen at 90.19 versus 90.35 early today.
Also favoring the risks could be the recent passage of the Brexit deal and upbeat comments from the covid vaccine producers.
Recently, AstraZeneca CEO Pascal Soriot said that their covid vaccine is effective against the new strain.
Trading is likely to remain muted amid a light calendar and the year-end celebration mood. Major trend is strongly bullish. Scope for gains till 88.6% Fib at 0.7836.
