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Dec 13 - 01:55 PM

AUD/USD - Signals Grow More Bearish As Riskier Assets Slump

By Christopher Romano  —  Dec 13 - 11:40 AM
  • AUD/USD erased overnight gains & hit a fresh session low of 0.6352 in NY

  • US$ buys & commodityHGv1, goldXAU=, stockESv1 weighed on AUD/USD

  • AUD/USD drop lead to the emergence of a daily inverted hammer candle

  • Fall after Thursday's gravestone doji, falling RSIs reinforce bear signs

  • Hold below trend line off 2022 low, Aug. monthly low add to bear signals

  • Dec. Global PMIs, Fed risks next week may determine if AUD/USD fall extends

  • For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

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