Australian Dollar’s (AUD) decline slowed this week as USD bulls took a breather, while on tariff aspect, there was report that the Trump team is considering more gradual pace of increases. AUD was last at 0.6190 levels, OCBC's FX analyst Christopher Wong notes.
Rebound risks not ruled out
"Rebound in Chinese equities did provide some relief for risk assets. This week’s focus on data – employment report (Thu) before next week’s much anticipated US presidential inauguration. A hotter print may lend strength to AUD momentum."
"Elsewhere, markets are keen to find out how soon and what magnitude and scope are for tariffs. Worries of tariffs may keep sentiment pressured and AUD trading soggy. But at the same time, a less drastic approach or any delay to tariff implementation could see risk proxies take an extended breather."
"Daily momentum is mild bullish while RSI rose. Rebound risks not ruled out but may require the blessing of a robust AU labour market report and for China to hold up. Resistance at 0.6210 (21 DMA), 0.6320 (23.6% fibo retracement of 2024 high to 2025 low) and 0.6360 (50 DMA). Support at 0.6130 (recent low), 0.60 psychological level."
作者：FXStreet Insights Team，文章来源FXStreet_id，版权归原作者所有，如有侵权请联系本人删除。
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论，立马抢沙发