By Christopher Romano — Apr 16 - 01:59 PM
• NY opened near 0.6375 after 0.63225 traded overnight, rally then extended
• Pair rallied to a 9-session high of 0.6391 as US assets traded downward
• USD/CNH fell below 7.3000, stocks fell sharply and gold hit a new all-time high
• AUD/USD slid from its high with help from AUD/JPY's fall towards 90.50
• AUD/USD traded up +0.27% in NY's afternoon which kept technical bullish
• Rising daily, monthly RSI, April's monthly bull hammer
candle
are bullish signals
audusd
(Christopher Romano is a Reuters market analyst. The views
expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters