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Nov 06 - 01:55 AM

AUD/USD - Tanking Sets It On Path To Much Lower Depths

By Ewen Chew  —  Nov 05 - 11:10 PM
  • AUD/USD tanks to 0.6510, chalking its lowest in 3 months

  • Breakdown through 61.8% Fibo at 0.6574 is ominous

  • Downside available till next Fibo support at 0.6474

  • Trump's large lead in polls sends USD, UST yields soaring

  • Results in key states show Trump may win presidency nFWN3MC1RK

  • US equity futures up, even as US10y yield hits 4.457%

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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