By Ewen Chew — Nov 22 - 01:50 AM
AUD/USD succumbs to pronounced risk-off in China stocks
Hits an intraday low of 0.6485 into European market open
Threatens entry into Bollinger downtrend channel 0.6492
Fri close below 78.6% Fibo support 0.6474 will cue sellers
That would point to a return to Aug low of 0.6346
China stocks dive 2.6% as tech firms' results disappoint
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Source:
Refinitiv IFR Research/Market Commentary