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Nov 13 - 01:55 AM

AUD/USD - Rally Derailed But Cloud May Provide Bulls Comfort

By Ewen Chew  —  Nov 13 - 12:45 AM
  • AUD/USD slips to 0.7229 from Thurs close 0.7233 as stocks slide

  • Investors' spirits dim after Wall St selloff on virus woes returning

  • Fresh daily record highs in US prompt virus curbs nL1N2HY2RQ

  • Economic recovery may be dented even as US stimulus gets held up

  • AUD/USD exited Bollinger uptrend channel Thurs, not so bullish now

  • But daily Ichimoku Cloud support at 0.7210 offers respite for longs

  • For more click on FXBUZ




Source:
Refinitiv IFR Research/Market Commentary

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