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Jun 18 - 12:12 PM
AUD/USD - Trump Trumps RBA's Dovish Tone In Minutes
First appeared on eFXplus on Jun 18 - 10:05 AM
  • AUD/USD rallies, erases fall induced by dovish lean in RBA minutes
  • Trump tweets send upbeat message on US-Sino trade issues nW1N22L00P
  • Emerging mkt & high beta currencies rally sharply while Japan's yen weakens
  • USD/CNH plummets towards 6.9150, AUD/USD rallies above 0.6860
  • Bull hammer on daily chart, RSI diverges on new low, techs warn a bounce due
  • 0.6910/40 is decent resistance, break above that could scatter bears a bit

chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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