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Jun 13 - 10:55 PM

AUD/USD - Longs Inclined To Trim More As 0.7700 Under Strain

By Ewen Chew  —  Jun 13 - 10:29 PM
  • AUD/USD dips below 0.7700 barrier again, touching 0.7694

  • Last at 0.7704, outlook getting a bit darker for longs

  • Ichimoku Cloud converges with Bollinger band to cap 0.7712

  • Presses AUD toward 0.7683 base of Bollinger downtrend channel

  • USD gets reprieve ahead of potentially significant FOMC

  • Market wary of subtle shift toward QE-tapering talk

  • For more click on FXBUZ



Source:
Refinitiv IFR Research/Market Commentary

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