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AUD/USD slide deepens, hits session low on broad USD bid

AUD/USD earlier bounce to 0.77 negated, pair sets new session low on broad USD bid Next support at June 10 low (0.7636), might see shorts t/p there pre-Fed Commodity slump and UST yield lift aid dive down to 0.7661 RSIs …

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  • AUD/USD earlier bounce to 0.77 negated, pair sets new session low on broad USD bid

  • Next support at June 10 low (0.7636), might see shorts t/p there pre-Fed

  • Commodity slump and UST yield lift aid dive down to 0.7661

  • RSIs deepen bear bias, monthly RSI oversold though, 2015 low test then likely  

  • If Fed hawkish pair likely drops due to diverging CB outlooks

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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