By Christopher Romano — Apr 11 - 02:10 PM
• NY opened near 0.6230 after 0.6181 traded overnight, rally extended
• Selling US related assets persisted; US Treasury prices
fell
• USD/CNH fell towards 7.2820 while gold , copper
rallied
• AUD/JPY rally towards 90.45 also helped to prop up AUD/USD
• AUD/USD climbed above the daily cloud top, 55-DMA & traded 0.62875
• Pair dipped near 0.6275, held most of the session gains, was up +0.85% late
• Techs are bullish; RSIs are rising, monthly long legged
doji
candle in place
audusd
(Christopher Romano is a Reuters market analyst. The views
expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters