By Christopher Romano — Oct 27 - 07:10 AM
AUD/USD rallied 0.6322-0.6357 overnight, NY opened near 0.6350, up +0.42%
Rally aided by US yield US2YT=RR slip from highs which weighed down US$
Iron-ore DCIOc2, equity ESv1 gains helped buoy risk sentiment & AUD/USD
USD/CNH rally to 7.3308 on D3 helped AUD/USD near 0.6345 in early NY
Techs are mixed; the daily RSI is rising but monthly RSI is falling
Rally following Thursday's bull hammer is a bullish tech signal
US Sept core PCE, Oct U of Michigan are key data risks in NY hours
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Source:
Refinitiv IFR Research/Market Commentary