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AUD/USD encounters mixed outlook

Market moves away from the 10-dma Requires a daily close above the 30-dma at 0.7881 to lift bias higher 10 & 30-dmas are aligned negatively Overall bias is still on the downside Positive daily momentum concerns for bears

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AUD/USD encounters mixed outlook
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  • Market moves away from the 10-dma

  • Requires a daily close above the 30-dma at 0.7881 to lift bias higher

  • 10 & 30-dmas are aligned negatively

  • Overall bias is still on the downside

  • Positive daily momentum concerns for bears

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560