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Sep 24 - 08:55 AM

AUD/USD - China's Evergrande, Cryptocurrency Crackdown Hit Risk

By Christopher Romano  —  Sep 24 - 07:26 AM
  • China's Evergrande nL1N2QQ02J, crypto crackdown nL1N2QQ0MG sink risk

  • Investors shun riskier assets, equities ESv1 fall, EM ccys sink vs US$

  • Safe-have US$, yen buys prevail; AUD/JPY nears 80.10, USD/CNH nears 6.4725

  • AUD/USD falls from 0.73165 Asia high, pierces daily cloud base in early NY

  • Pair nears 0.7250, daily technicals now flashing warnings to AUD/USD longs

  • Daily RSI diverged on today's high, pair below 10-DMA & cloud base

  • Bearish monthly techs remain, inverted hammer & falling RSI favor bears

  • Slew of Fed speakers on tap Friday, investors to look for Fed taper clues

  • For more click on FXBUZ




aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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