AUD/USD bulls run into a wall of resistance, eyes turn to 0.73 the figure By ross_burland AUDUSD Commodities Currencies Ukraine
Ukraine crisis and commodities are in focus, driving the price.
''Coal contracts rose between 25% and 50% on Wednesday as buyers sought to replace Russian supplies. The Australian government said it was helping countries connect with local coal producers to fill the gap,'' Reuters reported. Meanwhile, as of yet, Russian troops have not made it to the Ukraine capital Kyiv as the invasion of Ukraine entered its eighth day Thursday. However, the mayor of Kherson said the strategic port city in Ukraine's south had been "captured" by Russian forces. The apparent capture of Kherson, situated on the Dnieper River, marks the first major city to fall into Russian hands as Ukrainians continue to defend key hubs across their country.
, Russia and Ukraine are agreeing to a ceasefire in heavily embattled areas where humanitarian corridors will be developed to allow the evacuation of its citizens from the bombed cities.The price is stalling on the bid and following another failed attempt to rally, meeting the 61.8%Information on these pages contains forward-looking statements that involve risks and uncertainties.
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