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Thomson Reuters
Jan 09 - 12:12 AM
AUD/USD - Clings To Edge Of Bullish Channel After Weak Data
First appeared on eFXplus on Jan 08 - 09:55 PM
  • AUD/USD gets a toehold into daily Bollinger uptrend channel
  • Rally met setback earlier from weak building approvals nS9N1Y8023
  • But positive development in US-China trade talks supports risky assets
  • AUD/USD bullish chart bias will be confirmed above 0.7161
  • Uptrend channel will lead to test of Ichimoku Cloud 0.7208-0.7264
  • Break through Cloud top increases odds of clearing 200 DMA at 0.7334

AUD: Click here

Source:
Thomson Reuters IFR Markets

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