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Jun 14 - 01:55 AM

AUD/USD - Continues Lower; Markets Pensive Before FOMC Meet

By Ewen Chew  —  Jun 13 - 11:52 PM
  • AUD/USD seeps lower with momentum from Fri slump, last 0.7699

  • Nascent worries over possible talk of QE taper at FOMC this week

  • Watch for hints that Fed is considering conditions for tapering

  • Negative chart signals on daily chart serve warning to longs

  • Bollinger downtrend channel tentatively engaged

  • Ichimoku Cloud break weighs toward Fibo support 0.7669

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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