- The dollar loses strength in the preview of the American session.
- AUD / USD continues to rise, with averages of 55 and 100 in its sights.
- In short, data requests for unemployment benefits from the US and then the Chicago PMI.
The AUD / USD is rising on Thursday for the second session in a row, and is trading at highs for the day in the 0.7270 zone, just below Wednesday’s peak of 0.7272, the highest level in a month.
In case of extending the advance, a strong resistance appears at the 0.7285 area, which is where the 55 and 100-day moving averages are passing. A close over would leave the Aussie on track for more raises.
The Bullish tone is supported by a general weakness of the dollar, that became marked in the last hours, before a rise in the price of shares in Europe and in the futures of the main Wall Street indices.
Treasury yields are calm and show a slight decline on Thursday, weakening the greenback. The volume in the markets remains low and in year-end mode.
On Thursday the weekly report of unemployment benefit claims and the Chicago PMI will be published in the US. It will be the last data of the year.
Technical levels
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