AUD/USD: Aussie Surges to Three-Week High on Risk Appetite, Fundamentals

[PocketOption]

AUD/USD: Aussie Surges to Three-Week High on Risk Appetite, Fundamentals

The Australian dollar surged in early Wednesday's trading, driven by higher stocks and rumors that China is discussing easing of ban on Australia coal imports. Aussie advanced over 2% in Asia, early Europe and cracked pivotal barrier at 0.6854 (200DMA), eyeing next key levels at 0.6893/0.6908 (Dec 13 former high/Fibo 76.4% of 0.7136/0.6170). Clear break […]

The post AUD/USD: Aussie Surges to Three-Week High on Risk Appetite, Fundamentals appeared first on Action Forex.

Source: AUD/USD: Aussie Surges to Three-Week High on Risk Appetite, Fundamentals