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Mar 10 - 01:55 AM

AUD/USD - Support Threatened; Eye On US Inflation Data Ahead

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%

  • For more click on FXBUZ


AUD: Click here

US10y: Click here

Source:
Refinitiv IFR Research/Market Commentary

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