By Ewen Chew — Jan 07 - 01:11 AM
• AUD/USD rallies to 0.6268, probing 21 DMA resistance
• Tues close above current level clears a path higher
• Closing above 0.6271 would also break the 2023 low
• Further upside then possible till Bollinger band 0.6324
• That resistance marks the entrance of uptrend channel
• DXY slips tad more in Asia as UST yields sag; 10y 4.608%
AUD:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters