By Christopher Romano — Apr 28 - 07:08 AM
• AUD/USD traded 0.6406-0.63685 overnight, NY opened near 0.6395, down -0.04%
• Firmer US yields , US$ weighed; USD/CNH rallied to 7.3023
• Commodity , equity drops also weighed on AUD/USD
• Despite pair being down small technical signals highlight upside risks
• Pair bounced back above the 10-DMA, daily long legged doji candle formed
• April monthly bull hammer & consolidation of gains off
April 9
low are bull signals
audusd
(Christopher Romano is a Reuters market analyst. The views
expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
