By Christopher Romano — Feb 16 - 01:35 PM
AUD/USD opened NY near 0.6915 after the pair rallied to 0.6937 overnight
US rates EDZ3, U$ rallied on data nL1N34V2H3, Fed's Mester nL1N34W136
USD/CNH rallied to 6.8800 on D3 which helped AUD/USD trade down to 0.68405
US rates & US$ then softened and equities ESv1, copper HGv1 bounced
AUD/USD neared flat on the session, traded down -0.15% late in the session
Daily doji candle formed; implies either a pause in down trend or rally
Monthly techs lean bearish though, RSI sinking & diverged on recent high
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary