By Martin Miller — Jan 15 - 03:43 AM
• AUD/USD bias remains on the downside, despite near-term recovery moves
• The risk is for an eventual relapse to probe the 0.6000 level
• Tenkan and kijun lines remain negative aligned = bearish market risk
• Note fourteen-day momentum is also negative
• Looking to get short on gains to 0.6220. AUD/USD Trader
Daily Chart:
(Martin Miller is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters