AUD/USD holds higher for now, traders watching risk sentiment for the next clue ...Middle East

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AUD/USD holds higher for now, traders watching risk sentiment for the next clue
source : forex live ( Middle East ) () 35
The pair is up 0.6% to 0.6559 but the early gains may be one that is fleeting in nature. The overall risk mood is looking rather cautious as we start European morning trade. And if there is a reason for Wall Street to sell off later, it could temper with the optimism in AUD/USD similar to yesterday.The overnight high touched 0.6574 and was held back by the 50.0 Fib retracement level of the swing lower since last month, seen at 0.6573.That is the first key resistance point in the pair before the confluence of the key daily moving averages at 0.6594-00.In case you missed it earlier, RBA governor Bullock was out with some remarks in Asia Pacific trading.She continued to highlight the upside ris

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