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Jul 31 - 03:55 AM

AUD/USD - Creeps Higher, Challenging Pre-RBA Short Sellers

By Ewen Chew  —  Jul 31 - 02:05 AM
  • AUD/USD creeps higher to 0.6683, extending Mon rebound

  • Challenges Ichimoku cloud resistance at 0.6680

  • Also teases exit from Bollinger downtrend channel 0.6670

  • China stocks rallying on more stimulus plans helps AUD

  • Ahead of RBA decision Tues, volatility expected nL4N39H06U

  • 25 bps hike expected by economists but not by markets

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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