FXStreet – The AUD/USD can his strong bids for the third session in a row, maintained, and so the trade about 0.75 in the vicinity of the 3-week high.
The political uncertainty in the United States impacted the Greenback, the U.S. Dollar is the Index to the lowest level since the U.S. presidential election, and this helps the Couple during his recent recovery from a 4-month low,
Add to that the declining expectations for a faster tightening of the Fed monetary policy and the recent poor US data, the US Treasury bond yields to fall. From this circumstance the higher-yielding currencies such as the Aussie will benefit.
From the US economy, expect us today the PMI manufacturing and the sales of new real estate and the Richmond Fed manufacturing index.
About 0,7500/0,7510 is to be expected with a Test of the 50-day SMA of 0,7530/35 and then the 100-day SMA follows in the vicinity of the 0,7555. Supports can be found at 0,7470/65, 0,7430, 0,7400 and 0,7385.
** FXStreet News Editorial, FXStreet**