AUD/USD Price Analysis: Needs to set a platform for a breakout above 0.6900 AUDUSD DollarIndex Fed SupportResistance Breakouts
Meanwhile, S&P500 futures have sensed some sell-off in Asia after failing to extend its recovery recorded on Wednesday, showing some caution in underpinning the risk-on profile. has dropped significantly to near 103.70 as investors didn’t find any hawkish cues in the Federal Open Market Committee minutes apart from Federal Reserve chair Jerome Powell’s commentary in December’s monetary policy meeting.
Advancing 20-and 50-period Exponential Moving Averages at 0.6805 and 0.6780 respectively add to the upside filters.
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