By Christopher Romano — Oct 11 - 01:45 PM
NY opened near 0.6735 then hit the session low of 0.67255, a rally ensued
US yields US2YT=RR, US$ softened; USD/CNH fell back below 7.0700
Commodities HGv1, XAU= & equities ESv1 gained on upbeat risk
AUD/JPY rallied above 100.75 to help AUD/USD's climb off the lows
0.6759 hit in NY's afternoon, AUD/USD traded up +0.20% late in the day
A rally followed Thursday's bull hammer and daily RSI is rising
Monthly RSI is falling however and the pair remains below the 10- & 21-DMAs
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary