By James Connell — Feb 04 - 09:41 PM
• AUD has drifted lower in Asia after opening near 0.6260-65 resistance
• Tech rejection is 3rd pullback from upper hourly Bollinger Band since Tues
• Fresh impetus required to drive sufficient momentum for topside break
• Sideways to lower drift likely to persist into Asia afternoon
• Watching Trump-Xi tariff news, U.S. and AU trade data in coming sessions
• AUD/USD morning range 0.6241-61
AUD Hourly Bollinger
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters