By Christopher Romano — Jul 01 - 01:18 PM
• NY opened near 0.6585 after 0.6590 (8-month high) traded in Europe
• Pair slid for most of NY's session as US$ buying emerged in early NY
• US$ got an added boost as yields firmed after ADP, ISM reports
• USD/CNH rally to 7.1645, equity bounce off lows reinforced US$ buying
• AUD/USD turned lower, hit 0.6554 then neared 0.6565, was down -0.22% late
• Daily techs warn bulls; RSI diverged on the high, daily
doji
candle formed
audusd
(Christopher Romano is a Reuters market analyst. The views
expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters