By Ewen Chew — Apr 04 - 12:45 AM
• AUD/USD craters to 0.6237, breaks key chart floor, last 0.6241
• Fri close below 0.6248 takes out Ichimoku cloud base
• More longs may bail on confirmation of bearish cue
• 2025 low of 0.6089 exposed might attract more sellers
• Risk aversion weighs AUD, despite UST yields; ASX -2.5%
• US yields might get hit again after US NFP due later
AUD:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters