• Pres. Trump threat to continue bombing Iran droves risk-off sentiment

• Oil rallied significantly which drove yields

higher

• Gold , silver , copper & stocks all traded lower

• The US$ went bid on its safe-haven status which drove AUD/USD downward

• The pair traded back belwo the 10- DMA & daily cloud base, traded 0.6941-0.6863

• NY opened with the pair trading just off that overnight low, pair was down -0.96%

• Techs lean bearish; RSIs are falling & a monmthly inverted hammer candle is in place
audusd


(Christopher Romano is a Reuters market analyst. The views expressed are his own)