By Christopher Romano — Feb 27 - 11:55 AM
AUD/USD fell to a fresh 1-/1-2-month low of 0.66985 in Europe's a.m.
Buyers emerged, pair hit 0.6742 into Europe's close & is near flat
Daily RSI did not confirm the new low & a daily bull hammer candle formed
Short-term tech signals could be a warning for recently established shorts
Monthly techs remain bearish however, rallies likely to be short lived
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Source:
Refinitiv IFR Research/Market Commentary