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Jun 08 - 01:55 AM

AUD/USD - Bulls Cling On, Though China Ties Might Worsen

By Ewen Chew  —  Jun 07 - 11:55 PM
  • AUD/USD hovers near close, earlier gains eroded as stocks settle

  • Most Asia equities pullback from opening rallies; ASX +0.1%

  • Australia's ties with China may get worse yet nL4N2DL0F1

  • China ignores pleas to ease tensions, trade at stake

  • But AUD/USD Bullish bias holds if 0.6843 support validated

  • Bollinger uptrend channel if intact may lead back to 0.7000
















Source:
Refinitiv IFR Research/Market Commentary

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