Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 23 - 03:55 PM

AUD/USD - Risk-Off Gives Bulls A Needed Rest

By Christopher Romano  —  Jul 23 - 01:40 PM
  • NY opens near 0.7135 as risk-off theme weighed overnight nL2N2EU0K9

  • Pair trades heavy in early NY, 0.7090 neared before any bounce is seen

  • US$ slips while equities & commodities firm, USD/CNH drops from 7.0150 area

  • AUD/USD rallies near 0.7140 but slips back near 0.7110 late as US$ goes bid

  • Monthly techs are bullish, daily techs warn a rally correction is likely

  • Dip likely shallow, rally off 2020 low intact For more click on FXBUZ












aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!