EUR/USD, GBP/USD and AUD/USD rallies are ongoing
EUR/USD, GBP/USD and AUD/USD rallies are ongoing as US President Trump announces a one-month exemption for US automakers from new tariffs on imports from Mexico and Canada.
EUR/USD rallies further
EUR/USD's rise above the 200-day simple moving average (SMA) at $1.0721, now potential support, has the November peak at $1.0936 ahead of the psychological $1.1000 region in view.
GBP/USD advances further
GBP/USD's advance above the 200-day SMA at $1.2785, now support, has the 23 October low at $1.2910 ahead of the $1.3000 region in its sights.
Further minor support can found at the $1.2729 mid-December high and the $1.2716 late February high.
AUD/USD advances further
AUD/USD's recovery off Tuesday's $0.6187 low has taken it to above the 6 January high at $0.6302, so far to $0.6356. Above it beckons the February high at $0.6408.
Minor support can be spotted around the $0.6330 January peak and the $0.6302 early January high.
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