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Oct 01 - 08:55 PM

AUD/USD - Subdued As Fri Pullback Serves Warning To Longs

By Ewen Chew  —  Oct 01 - 07:50 PM
  • AUD/USD subdued, last 0.6436 from Fri close 0.6435

  • Long-tailed doji candlestick on Fri is omninous sign

  • Suggests topside heavy with opportunistic sellers

  • Intraday resistance at 0.6445 will attract some offers

  • That demarcates entrance of Bollinger uptrend channel

  • China PMIs mixed, muting optimism for AUD bulls nL2N3B70IY

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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