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AUD/USD below 21 & 10-DMAs, bear signs upped ahead of Yellen

Tuesday, February 24, 2015 2:23 PM UTC

Source: Thomson Reuters

AUD/USD sub-21 & 10-DMAs, RSIs roll over, bear pennant forming ahead of Yellen
Short-term support seen at lows of Feb 17 & 13, if breaks stops likely run, sub-2015 low eyes ~0.7180/40
Pair could test lower limit of pennant if Yellen leans hawkish
Spreads likely to tighten further, adding weight to pair

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AUD/USD below 21 & 10-DMAs, bear signs upped ahead of Yellen

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