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TDUX
Jun 30 - 03:55 PM

AUD/USD - The 200-DMA Remains Untouched At Month's End

By Christopher Romano  —  Jun 30 - 01:58 PM

• NY opened near 0.6885 after AUD/USD hit 0.6867 & neared the 200-DMA overnight

• Pair rallied in early NY with help from gold, silver, copper & equity gains

• Rally intensified as USD sold-off at the fix & USD/CNH fell toward 6.7870

• AUD/JPY's rally toward 112.60 contributed to AUD/USD's rally to 0.6930

• AUD/USD slid a bit, neared 0.6915 late, the pair traded up +0.39% in NY's afternoon

• Daily RSI diverged on today's low, bullish engulfing candle formed; may worry bears
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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