First appeared on eFXplus on Nov 29 - 06:40 AM
At the mercy of any U.S.-China trade deal outcome
Aussie heads for 4th week of losses as rate risks mount nL4N288463
Though long tail on Thur's candle could be a sign downside being rejected
Bull should also take comfort from the failure to close under 0.6769 Fibo
0.6769 Fibo is 61.8% of the 0.6670 to 0.6929 October gain
AUD/USD has traded a narrow 0.6764-0.6779 range, according to Refinitiv data
USD could be about to slide despite U.S. GDP upgrade nL1N28804V
Daily Fibo Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary