By Ewen Chew — Dec 17 - 11:50 PM
AUD/USD drills deeper after bearish break Tues, last 0.6314
Tue close below Aug low opened trapdoor to further downside
Next target is 0.6300 psych barrier, then 2023 low of 0.6271
Top of Bollinger downtrend channel 0.6370 to cap intraday
Potential for 'hawkish cut' by Fed might trigger next drop
Fed's dot plot could show fewer rate cuts expected in 2025
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters