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AUD/USD bears in the market, pair eyes 0.7550 support

  • AUD/USD holds 0.7640/45 resistance, rally faders miss a fleeting chance to sell

  • Flag base break underpins bear view, RSIs oversold but support bear momentum

  • Yield spreads narrow again, back to trend wides as US yields bounce

  • Pair eyes 0.7550 support, likely only a speed bump within long-term slide

  • Long-Term bears eye 0.7180/0.7240 (76.4 Fib of 0.4475-1.1081, May '09 low)

  • 0.6850 area good support beyond 

  • Market Data
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