By Christopher Romano — Jan 30 - 07:02 AM
• AUD/USD hit 0.6242 in Asia then traded 0.62155 in Europe's morning
• Pair bounced, NY opened near 0.6225, pair traded down -0.07% early NY
• US yield drop, equity gains helped limit the drop
• AUD/JPY fall & USD/CNH bounce off its low helped to limit the upside
• Tight range traded as US Q4 GDP & PCE and weekly jobless claims loom
• Techs are mixed; monthly doji candle in place & monthly RSI is rising
• Daily RSI falling however & pair traded below 10- & 21-DMAs
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters