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Jun 13 - 01:55 AM

AUD/USD - Steadies After Fourth Straight Drop; Still Fragile

By Ewen Chew  —  Jun 12 - 11:45 PM
  • AUD/USD stabilizes near 0.7024, marks 4th straight drop

  • Recovers from low of 0.7001 after blip up to 0.7072

  • Bollinger downtrend channel confirmed on close below 0.7043

  • Sea of red in Asia stocks following Friday's Wall St cue

  • Investor anxiety heightened heading toward FOMC Wed

  • Australia financial markets closed Monday

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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