First appeared on eFXplus on Nov 28 - 01:20 AM
AUD/USD slides on stewing tension between US and China over HK
Reaffirms daily Bollinger downtrend channel, Ichimoku Cloud pressure
Two resistance levels converging strengthen intraday top at 0.6783
Fri close below 0.6750 will confirm weekly Bollinger downtrend channel
China threat to retaliate put Asia stocks on the defensive nL4N288089
Also justifies bears' belief in further interest rate cuts by RBA
AUD: Click here
Source:
Refinitiv IFR Research/Market Commentary