By Christopher Romano — Apr 15 - 01:35 PM
NY opened near 0.6485 after 0.6493 traded overnight, slide extended
US yields US2YT=RR rallied on upbeat sales data; US$ also rallied broadly
Equities ESv1, sank & USD/CNH eroded some of its overnight drop
AUD/USD traded to a 2-month low, 0.6452 hit, pair down -0.16% late
Techs are bearish; RSIs falling, daily & monthly inverted hammers in place
February's low is support ahead of support from t-l, Nov. monthly low
China March industrial output, retail sales & Q1 GDP are risks in Asia
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Source:
Refinitiv IFR Research/Market Commentary