AUD - BULLISH
1️⃣ The risk-sensitive AUD gains as US FDA reports 95% effectiveness of coronavirus vaccines.
USD - BEARISH
1️⃣ Prospects of a swift economic recovery eroded safe-haven demand for the dollar.
2️⃣ Adding to diminished interest for safety were concerns about rising levels of debt in the US. Unprecedented spending led to large budget and current account deficits and has made the greenback an increasingly unattractive investment.
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Technical
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We are looking to buy the AUDUSD around the support of 0.77000 + above SMA 50 on the H1 chart.
1️⃣ The risk-sensitive AUD gains as US FDA reports 95% effectiveness of coronavirus vaccines.
USD - BEARISH
1️⃣ Prospects of a swift economic recovery eroded safe-haven demand for the dollar.
2️⃣ Adding to diminished interest for safety were concerns about rising levels of debt in the US. Unprecedented spending led to large budget and current account deficits and has made the greenback an increasingly unattractive investment.
=====
Technical
=====
We are looking to buy the AUDUSD around the support of 0.77000 + above SMA 50 on the H1 chart.
Trade closed: target reached:
✅ TRADE HAS HIT TP
+30 PIPS
+30 PIPS