By Christopher Romano — Sep 20 - 07:10 AM
AUD/USD traded 0.6800-0.68285 overnight, NY opened near 0.6810, down -0.06%
US yieldUS2YT=RR drop & commodity gainsDCIOc2HGv1 limited the downside
USD/CNH drop to 7.03878, AUD/JPY rally above 98.20 also helped lift AUD/USD
Australia yieldAU3YT=RR, equityESv1 drops & US$ lift limited the topside
A daily doji candle formed, suggests pair may need to consolidate gains
Rising monthly RSI, monthly bull hammer highlight upside risks to AUD/USD
Remarks from Philadelphia Fed's Harker is a risk in NY's afternoon
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Source:
Refinitiv IFR Research/Market Commentary