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AUD/USD at new session lows, mid-April low in view

AUD/USD at new session lows supported by firm USD & US Treasury yield Pair pierced 61.8 Fib of 0.7534-0.8164, eyes cloud top & 0.7700/10 support 76.4 Fib & mid-April lows in 0.7673/83 on radar scopes, is decent support I…

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  • AUD/USD at new session lows supported by firm USD & US Treasury yield 

  • Pair pierced 61.8 Fib of 0.7534-0.8164, eyes cloud top & 0.7700/10 support 

  • 76.4 Fib & mid-April lows in 0.7673/83  on radar scopes, is decent support

  • If breaks little support until  0.7550 & 2015 low

  • Yield spreads tighten & RSIs give bears momentum, lower levels likely

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