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Thomson Reuters
Apr 24 - 03:48 AM
AUD/USD - Beaten Down On Possibly Sooner RBA Rate Cut
First appeared on eFXplus on Apr 23 - 11:10 PM
  • AUD/USD downside exposed with daily Ichimoku Cloud break
  • Chikou span below Cloud is indicator of bearish momentum
  • Also enters Bollinger downtrend channel; ceiling at 0.7088
  • Weak Australia CPI data heightens risk of central bank rate cut
  • Bank analysts changing view for sooner RBA easing nL3N2260LL
  • AUD/USD bears looking to trip stoplosss below 0.7000 barrier

AUD: Click here

Source:
Thomson Reuters IFR Markets

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