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Apr 24 - 07:55 PM

AUD/USD - Teases Re-Entry Into Uptrend, Eyeing 200 DMA Goal

By Ewen Chew  —  Apr 24 - 07:35 PM

• AUD/USD jumped late Thurs on US tariff headlines, last 0.6403

• Risk-on to drive it back into Bollinger uptrend channel 0.6415

• If confirmed, 200 DMA goal at 0.6464 will attract bulls

• Trump insists US is talking to China on trade

• But China says US must drop tariffs to solve issues

• Australia financial markets closed Friday
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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