Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 10 - 01:55 PM

AUD/USD - Cloud Thwarts Bulls, China News Wakes Bears

By Christopher Romano  —  Sep 10 - 12:04 PM
  • AUD/USD rallies to 0.74085 in early NY, stalls near the daily cloud base

  • Equity sell-off leads AUD/USD below 0.7400 but China news has bigger impact

  • BBG reports Biden admin weighs probe of China subsidies nL4N2QC30N

  • Risk sours further, US$ buying ensues, USD/CNH rallies towards 6.4400

  • AUD/USD gives up all of session's earlier gains, trades to 0.7360

  • Daily gravestone doji forms, daily RSI turns lower, techs lean bearish

  • Support near 0.7350 now in focus, break puts 21-DMA, 0.7285/90 in play

  • For more click on FXBUZ

audusd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!