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Jan 25 - 11:55 PM

AUD/USD - Weakness Could Transform Into Chart-Led Selloff

By Ewen Chew  —  Jan 25 - 11:11 PM
  • AUD/USD briefly falters under psych barrier 0.7700, touches 0.7698

  • Trades on heavy tone as Asia stocks sink deeper into red; SSEC -1.2%

  • Breach of 21 DMA support could trigger more AUD selling

  • Tues close below 0.7676 would be more negative chart signal

  • Entry into Bollinger downtrend channel alters medium-term view

  • Australia financial markets closed Tuesday nL8N2K06DH

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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