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Feb 02 - 09:55 PM

AUD/USD - Bobs Off Lows As Australia Dec Retail Sales Beat

By Ewen Chew  —  Feb 02 - 07:38 PM

• AUD/USD bobs up to 0.6134 from Mon low of 0.6122

• Still bearish while inside Bollinger downtrend channel

• Ceiling of channel at 0.6180 will cap intraday spikes

• Australia Dec retail sales beat forecasts

• Chain volume retail sales also positive

• Trump says will speak with Canada, Mexico on Mon
AUD:


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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