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Oct 02 - 02:55 AM

AUD/USD - Loses Ground As Israel-Iran Strife May Escalate

By Ewen Chew  —  Oct 02 - 01:25 AM
  • AUD/USD rally overturned, slides as low as 0.6876 from 0.6915

  • Last at 0.6889, teetering on edge of Bollinger uptrend channel

  • Wed close below 0.6875 will disengage bullish chart signal

  • Israel reportedly planning retaliation against Iran nS8N3LA03V

  • Follows massive missile strikes on Israel late Tuesday

  • Earlier blip up linked to China risk-on extending further

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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