By Christopher Romano — Apr 14 - 01:58 PM
• NY opened near 0.6320 after 0.6342 traded overnight, slide extended early on
• Firmer US yields and US$ helped send AUD/USD down towards 0.6275
• Buyers emerged as US$ softened while stocks gained & yields traded lower
• Gold bounce off its low & copper gains helped AUD/USD lift above 0.6325 late
• Pair traded up +0.51% late in the day which kept technicals bullish
• Rising daily, monthly RSIs, 55-DMA support, monthly bull
hammer
a bullish signs
audusd
(Christopher Romano is a Reuters market analyst. The views
expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters