By Ewen Chew — Jan 03 - 12:55 AM
AUD/USD surrenders gains, slips to 0.6789 from 0.6835
Early losses were overturned as China stocks reversed higher
But heading into Europe open, USD recovers slightly
Tues close below 0.6805 will suspend potential bullish cue
Closing above that needed to confirm Bollinger uptrend channel
Failing which, consolidation near 61.8% Fibo 0.6762 likely
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary