By Ewen Chew — Mar 02 - 12:10 AM
AUD/USD slips, but recoups to balance at 100 DMA line 0.6744
Last at 0.6745, may bounce around within Fibos 0.6664-0.6780
Bollinger downtrend channel validated on Thurs close below 0.6779
Pullback after Wed rally cued by UST yields rising again
But AUD bears wary as China's reopening bounce appears sustainable
Optimism may build ahead of China's parliament meet nL1N35A05O
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary