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Jun 30 - 03:55 PM

AUD/USD - Shorts Frustrated Once Again

By Christopher Romano  —  Jun 30 - 02:10 PM
  • Indecision reigns in overnight trade nL1N2E70K4, NY opens near 0.6850

  • Equities & copper rally, yen sales drive AUD/JPY up near 74.50

  • US$ sold broad on upbeat risk, AUD/USD climbs above the 10-DMA, hits 0.6912

  • Most NY gains hold as investors shun safe-havens, AUD/USD near 0.6895 late

  • Daily bull hammer, rising daily & monthly RSIs highlight bullish techs

  • Consolidation of March-June gains persists, high probability new highs soon

  • For more click on FXBUZ











aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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