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Dalian Iron ore futures up 4%, AUD underpinned

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - Dalian Iron ore futures are trading up by as much as 4%, providing some support for the Australian Dollar, which continues to find bids above the key support area at 0.7155/60, level of confluence with the 200 EMA on the 5-minute chart.
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