AUD/USD moves higher alongside equity markets

The Nikkei is +0.3%, the Kospi is +0.4% and the AUD/USD has gotten a lift and is now back at yesterday’s opening levels. (What did we say yesterday about the Asian market!). Yesterday’s highs around 1.0470 are the first level to watch and there are sell orders reported near 1.0500 with stop-loss buy orders through 1.0510.

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