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Jan 27 - 03:55 AM

AUD/USD - Longs Take Cover But Bullish Bias Might Be Upheld

By Ewen Chew  —  Jan 27 - 02:06 AM

• AUD/USD recoils to 0.6285 from Monday opening 0.6315

• But Bollinger uptrend channel affirmed on close above 0.6270

• Pullback follows risk-off cued by Trump's Colombia threats

• China's official factory PMI miss also weighs AUD

• But US halts tariffs on Colombia after deal made

• Again suggests other countries could avoid harsher tariffs
AUD:


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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