By Ewen Chew — Oct 07 - 01:15 AM
AUD/USD struggles to gain but holds above 0.6800 line
Last 0.6804, teetering just above 21 DMA support 0.6798
Failure to end Mon above that may spur long capitulation
UST yields elevated; 2y 3.954%, 10y 3.979%, supporting USD
Unless China unleashes more risk-on, AUD may moderate ahead
Mainland China financial markets will reopen on Tuesday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary