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Nov 20 - 11:00 PM
AUD/USD - Gets The Sinking Feeling Again; Decade Low In Sight
First appeared on eFXplus on Nov 20 - 08:05 PM
  • AUD/USD gaining traction lower as Asia stocks reel on geopolitics

  • US passing HK bill for Trump to sign sparks China fears nL2N28023J

  • Beijing could retaliate, throw trade talks into fresh chaos

  • AUD/USD careening toward another test of Ichimoku Cloud support

  • Thurs close below 0.6777 will break chart floor, spur more selling

  • Target would then be a return to decade-low of 0.6670 notched in Oct

Refinitiv IFR Research/Market Commentary


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