By Christopher Romano — Dec 16 - 01:20 PM
AUD/USD traded slightly lower & held a tight 0.6714-0.6676 range in NY
Downbeat US Dec. PMI nZON006Y2U helped fuel concerns about slower growth
Those concerns helped sink stocks ESv1, copper HGv1, drove risk-off
AUD/USD bounced off the session low & neared flat on late day US$ selling
Techs lean bearish; RSIs falling, monthly inverted hammer forms, 21-DMA caps
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary