By Ewen Chew — May 13 - 02:10 AM
AUD/USD shorts trimming fuel a rise to 0.6900 from 0.6857
But relief rally may run out of steam towards 0.6962
Ceiling of Bollinger downtred channel will attract offers
Psych barrier 0.7000 may take a few attempts to be reclaimed
Tentative risk bounce dampens USD broadly; S&P futures +0.9%
China hints on policy, reopening goals nL2N2X502RnB9N2W402P
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Source:
Refinitiv IFR Research/Market Commentary