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Jun 13 - 08:55 PM

AUD/USD - Makes Early Attempt To Recovery But Odds Against It

By Ewen Chew  —  Jun 13 - 07:51 PM
  • AUD/USD perks up slightly Mon after steep drop; last 0.7710

  • Bearish triggers confirmed after plunge through Ichimoku Cloud

  • Also inside Bollinger downtrend channel, adding pressure

  • Closing above 0.7712 needed to escape downward trajectory

  • Tad higher US yields, after recent falls, lend USD broad support

  • Australia'a Victoria expects to further ease virus curbs nL2N2NV00P

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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