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Oct 09 - 09:48 PM
AUD/USD - Bearish Cue Appears On Insurmountable US-China Woes
First appeared on eFXplus on Oct 09 - 07:50 PM
  • AUD/USD enters Bollinger downtrend channel amid US-China strife

  • Adds to bearish chart view after rejection at Ichimoku Cloud resistance

  • New bearish cue pending confirmation on Thurs close below 0.6718

  • Would encourage sellers to press for new 10-yr low below 0.6670

  • Negative sentiment brews as China refuses to talk to US abt key issues

  • Deputy-level talks stutter, Washington visit cut short nL2N26U1RQ











Source:
Refinitiv IFR Research/Market Commentary

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