Terence Wu, an FX strategist at OCBC Bank, sees some room for the different majors to diverge in the immediate horizon, pending shifts in risk appetite. In particular, he is positive on the AUD/USD in the near-term. Key quotes “Investors appear happy to impute AUD/USD upside on every positive headline at this stage, with vaccine developments being the latest in early Friday.” “With the two-day dip not testing the 0.6200 level, we retain a bias for this pair to ease higher for now. Interim target at 0.6400, with support at 0.6300/20.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next JPY Futures: Room for further losses FX Street 2 years Terence Wu, an FX strategist at OCBC Bank, sees some room for the different majors to diverge in the immediate horizon, pending shifts in risk appetite. In particular, he is positive on the AUD/USD in the near-term. Key quotes “Investors appear happy to impute AUD/USD upside on every positive headline at this stage, with vaccine developments being the latest in early Friday.” “With the two-day dip not testing the 0.6200 level, we retain a bias for this pair to ease higher for now. Interim target at 0.6400, with support at 0.6300/20.” Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
