By Ewen Chew — Jan 03 - 12:55 AM
• AUD/USD creeps up to 0.6220 from 0.6203; edging higher
• Makes another try to escape Bollinger downtrend channel
• Fri close above 0.6202 will nullify that bearish cue
• But more technical resistance levels lie above to cap
• 21 DMA at 0.6283 will attract plenty of short-sellers
• That key barrier triggered deflections lower in Nov-Dec
AUD:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters