AUD/USD is Trading Positive in the Global Market with Price Testing 0.65

AUDUSD Hourly (H1) Chart

AUD/USD: The pair is trading positive in the global market with price testing mid-0.65 handle as hopes of stimulus measures from global central banks helped improve risk sentiment. However, gains were capped on disappointing Chinese manufacturing data, which took a hit on virus outbreak woes. Weak USD weighed down by declining US T.Yields helped keep positive price action sustained across the day. 

Was this post helpful?