Markets are definitely influenced by the festive mood and report more than minimal changes for the day. Liquidity is at a minimum, but despite the conditions, investors and traders who remain the last on the front keep the holiday mood.
Contrary to yesterday's drop in the pound, today it barely reports activity, with the price finding some support in the area at 1.2920.
Meanwhile, the Australian dollar against the US prisons has charted above the 200-day moving average for the first time since March 2018. But liquidity is holding its own, with the breakout at this stage remaining poorly maintained by the Bulls. We will expect a stronger breakthrough and retention only when serious cash flows return to the markets.
In addition, the situation is quite quiet and calm, with almost all currency pairs changing from 0.1 - 0.2%.
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