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Jan 06 - 01:55 AM

AUD/USD - Sellers Dig In, Eyeing Bearish Trend Channel Nearby

By Ewen Chew  —  Jan 06 - 12:37 AM
  • AUD/USD digs in toward 0.7145 as risk-off deepens Thurs

  • Breaks Fibo line at 0.7208 and 21 DMA support at 0.7193

  • Bears aim for entrance of daily Bollinger downtrend channel

  • Closing below 0.7145 will cement downside bias, attract sellers

  • As Asia stocks and oil prices slump, UST yields rise; ASX -2.8%

  • Forecast-beating US ADP hints at potentially eye-popping NFP Fri

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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