By Ewen Chew — Feb 01 - 12:55 AM
AUD/USD ventures higher to 0.7074, bouncing from 0.7038
Knocks on door to Bollinger uptrend channel at 0.7072
Wed close above will re-engage positive chart signal
Would add to bullish implication of hammer candlestick Tues
But USD might get a boost from Powell after FOMC decision
Fed chief may push back on market's hopes for ending rate hikes
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary