By Christopher Romano — Feb 17 - 07:15 AM
US rate EDZ3US2YT=RR gains drove steady US$ buying overnight
AUD/USD traded 0.6880-0.6812, 1-1/2-month low set, NY opened near 0.6820
Equity ESv1, copper HGv1 drops & USD/CNH rally helped weigh on AUD/USD
Pair broke the daily cloud top, sits above the 200-DMA which is at 0.6806
Falling RSIs, monthly inverted hammer candle give techs a bearish lean
Head & shoulder pattern on daily chart complete, implies 0.6550/00 test
US Jan. export/import prices & LEI, Fed's Barkin, Bowman are risks Friday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary