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Jun 29 - 02:55 AM

AUD/USD - Sellers Drawn In By Bearish Signal Emerging

By Ewen Chew  —  Jun 29 - 02:30 AM
  • AUD/USD slips to 0.6884, dipping a toe into bearish waters

  • Bollinger downtrend channel confirmed on close below 0.6894

  • That will pave the way to channel base currently at 0.6767

  • Risk aversion from Wall St dents Asia stocks, hoists USD up

  • Focus turns to Powell's speech at ECB forum in Sintra

  • China's Jun PMIs due Thurs should show improvement nL4N2YE1N6

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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