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Sep 22 - 03:55 PM

AUD/USD - Bull Fight To Maintain Post-BOJ Gains

By Christopher Romano  —  Sep 22 - 01:40 PM
  • AUD/USD rallied from 0.6574 after the BOJ intervened to strengthen the yen

  • 0.6669 traded, NY opened near 0.6645, pair then rallied to 0.6670

  • US$ buying emerged however, 0.6615 neared but the fall halted

  • US$ buying abated & USD/CNH weakened, 0.6650 neared late, pair +0.23%

  • US rates slip from highs EDH3US2YT=RR, equity bounce help buoy AUD/USD

  • Daily RSI diverged on new low; long legged doji formed; warnings for bears

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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