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Sep 28 - 03:55 PM

AUD/USD - Bulls Struggle To Take Advantage Of Upbeat Risk

By Christopher Romano  —  Sep 28 - 01:50 PM
  • AUD/USD rallies in Europe's am, NY opens near 1.1680 nL1N2GP0CI

  • Equities, copper, iron-ore remain buoyed, AUD/JPY holds near day's high

  • AUD/USD cannot rally though, falls near 0.7045 then nears 0.7065 late

  • Pair likely entering a consolidation phase which is a bearish sign

  • AUD/USD bulls should not expect much upside progress nL1N2GP0TI

  • For more click on FXBUZ





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Source:
Refinitiv IFR Research/Market Commentary

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