By Christopher Romano — Jun 06 - 01:37 PM
• NY opened near 0.6495 after 0.6517 traded overnight, range trading dominated NY
• Pair traded 0.6505-0.64795 after US May payroll, AUD/USD settled near 0.6495
• Bid for US assets weighed as investors lean toward the Fed holding rates steady
• Equity, USD/CNH gains and gold's drop reinforced the bid for US$ & US assets
• AUD/USD traded down -0.23% late in the day but techs still leaned bullish
• Rising monthly RSI, hold above 10-, 21- & 200-DMAs gives
AUD/USD longs comfort
audusd
(Christopher Romano is a Reuters market analyst. The views
expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters