By Christopher Romano — Jan 20 - 07:30 AM
AUD/USD rallied 0.69075-0.6947 overnight, NY opened near 0.6915
Overnight equity ESv1, iron-ore DCIOc2 gains, US$ sales aid lift
Pair pieced the 10-DMA but is now back below as US rates EDZ3, US$ firm
USD/CNH climb toward 6.7900, erosion of equity gains weigh on AUD/USD
AUD/USD +0.12% on the session and technicals are sending some mixed signals
Daily inverted hammer formed buy RSIs are rising, pair below the 10-DMA
US Dec. existing home sales, Fed's Harker & Waller are risks during NY
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Source:
Refinitiv IFR Research/Market Commentary