The AUD/USD pair formed a classic Doji candle on Thursday, which indicates indecision in the markets. The two way action and a flat day end close (Doji) on Thursday are being followed by a bearish move this Friday morning in Asia. As of writing, the spot was down 0.40% at 0.7925. The bearish follow through to Thursday’s Doji candle could be an indication that the spot may have found a top, although yield differential still remains in favor of the Aussie dollar. The spread or the difference between the Aussie-US 10-year yield currently stands at 0.473; the highest since November. The spread hit a high of 0.498 earlier ... (full story)