By Christopher Romano — Sep 18 - 01:55 PM
AUD/USD opened NY near 0.6435 after trading at 0.6449 overnight
Pair slid early on US yield US10YT=RR gains & USD/CNH rally
AUD/USD fell below the 21-DMA, traded 0.6417 then rallied
USD/CNH dropped toward 7.2900 & equities ESv1 turned positive
AUD/USD sat near 0.6440 and traded up +0.14% late in the session
Techs are mixed; daily RSI falling but monthly rising, pair above 10-DMA
Monthly bull hammer for September is a bullish signal
Ranges may stay tight; Fed, PBOC, BOJ meeting risks due later this week
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary