bullish
Part Three: Australian Dollar and AGB Yields
SUMMARY
- The Aussie Dollar is acting as a delta one to the Chinese Economic data, as the People's Bank of China (PBOC) remains committed to maintaining the stability of the CNY.
- The AUDJPY has formed an intermediate double-top pattern.
- While it is likely to rebound, it could also be influenced by the difference in export growth between ROW with China and Japan.
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