By Christopher Romano — Jan 16 - 07:07 AM
• AUD/USD hit a 7-session high of 0.6248 overnight, sellers emerged
• Pair turned lower, 0.6196 hit, NY opened near 0.6210, pair down -0.25%
• US yield , US$ lifts & AUD/JPY drop weighed down AUD/USD
• Pair fell despite commodity, stock gains & USD/CNH drop
• Daily RSI diverged on the high, daily doji formed; may concern AUD/USD longs
• US Dec. retail sales& weekly jobless claims are data risks in NY
• Jan. Philly Fed, NAHB housing indexes & Dec. exp/imp prices risks as well
audusd
(Christopher Romano is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters