By Ewen Chew — Feb 28 - 12:05 AM
AUD/USD wanders lower to 0.6730, teasing 100 DMA breakdown
Tues close below chart support at 0.6735 will worsen outlook
Already below Ichimoku cloud, in Bollinger downtrend channel
Confirmation of 100 DMA break will expose 50% retracement 0.6664
USD well-bid despite Asia equities bounce; S&P futures +0.1%
Markets look ahead to US consumer confidence, factory PMI
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary