CeoCodes

AUDUSD Risk On

Short
CeoCodes Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Weekend events with a new strain of COVID in the UK has increase risk fears.
Cases of UK's highly contagious mutant COVID strain have been detected in returned travellers in Australia increaing fears that we are not winning the battle with COVID worldwide just yet.
AUDUSD room for a bullish run past 0.760 but not quite yet.
Eying short targets of 0.756 0.754 first.
Comment:
Asked about the new strain today at a press conference, NSW Chief Health Officer Kerry Chant said two returned travellers from the UK who tested positive to COVID-19 were found to be carrying the mutated variant of the virus.
Comment:
Trade closed: target reached

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