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Apr 17 - 03:55 PM

AUD/USD - Yen And Yuan Help Overnight Lift Extend

By Christopher Romano  —  Apr 17 - 01:38 PM

• AUD/USD opened NY near 0.6350 after 0.63335 traded overnight, rally extended

• Pair lifted into positive territory on UDS/CNH dip below 7.3000, AUD/JPY rally above 91.00

• Copper and equity gains also helped underpin AUD/USD gains

• 0.6391 traded in NY's morning, pair neared 0.6380 late, traded up +0.15%

• Techs are bullish; rising daily & monthly imply upward momentum is in place

• Daily & monthly bull hammer candles reinforce bullish tech signals
audusd


(Christopher Romano is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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