By Christopher Romano — Dec 14 - 07:20 AM
AUD/USD hit 0.6822 overnight, buyers emerged in Europe's morning
Softer US rates EDZ3 weighed down the US$, NY opened near 0.6860
USD/CNH fall, equity ESv1 & commodity HGv1 gains help buoy AUD/USD
Pair rallied up to 0.6881 before pulling back slightly into NY's open
Techs are bullish; RSIs rising, pair above the rising 10- & 21-DMAs
200-DMA, 50% Fib 0.7661-0.6170, Sept. monthly high are impediments for bulls
Fed rate move, projections nL1N3331I0 & Powell presser are looming risks
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary