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AUD/USD down on the day, threatens 10 DMA

Source: Thomson Reuters 21-DMA & offers ~0.7830/40 cap AUD/USD's overnight rally Pair now down on day, eyes 10-DMA & 0.7770/80 bids Lofty US yields keep spreads near recent tights, aids push lower Daily RSI rolls over, b…

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AUD/USD down on the day, threatens 10 DMA
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Source: Thomson Reuters


  • 21-DMA & offers ~0.7830/40 cap AUD/USD's overnight rally

  • Pair now down on day, eyes 10-DMA & 0.7770/80 bids

  • Lofty US yields keep spreads near recent tights, aids push lower

  • Daily RSI rolls over, break of support puts daily lows ~ 0.7740 & 0.7720 in play

  • Below latter builds bear sentiment & puts last week's low in play

  • >0.7880 eases bear pressure 

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Major Pair Currency Score: AUDUSD Bearish

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