By Ewen Chew — Jun 22 - 02:00 AM
AUD/USD extends drop to 0.6911, validating bearish view
Bollinger downtrend channel in effect; caps 0.6963
Potential to slide further till channel base 0.6842
Fed chair Powell to testify to Congress Wednesday
Poll forecasts Fed to hike 75bps again in Jul nW1N2X9040
More hawkish comments from Powell should bolster USD
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Source:
Refinitiv IFR Research/Market Commentary