By Ewen Chew — Mar 10 - 12:36 AM
AUD/USD looks precarious at 0.7677 as UST yields regain footing
Failure to close above Ichimoku Cloud 0.7679 weakens AUD bulls
Bollinger downtrend channel would also be back in effect
US 10y edges back up to 1.540%, bounces off chart support
Renewed rise in US yields possible as inflation fears simmer
US Feb CPI data due later; expected 1.7% y/y from 1.4%
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Source:
Refinitiv IFR Research/Market Commentary