By Christopher Romano — Apr 18 - 07:20 AM
AUD/USD dipped to 0.6432 then rallied to 0.64565 in overnight trading
NY opened near 0.6445, traded up +0.19% with help from buoyed risk assets
Commodities DCIOc2HGv1 & equities ESv1 gained to help rally risk
US yield US10YT=RR slip & USD/CNH slide from session high aided risk gains
AUD/USD remains below short-term structural resistance near 0.6490
Falling monthly RSI, monthly inverted hammer are concerns for AUD/USD longs
US weekly claims, April Philly Fed, March existing home sales are data risks
Remarks from Fed's Williams, Bowman, Bostic may impact risk Thursday
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Source:
Refinitiv IFR Research/Market Commentary