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AUD/USD slide extends to 21-DMA, above 0.8030/40 eases bear pressure

AUD/USD edges lower as broad based USD bids & rising US Treasury yields weigh Trend-Line off mid-April lows cleared, slide extends to the 21-DMA Monthly RSI poised to roll over, if does bear sentiment upped Above 0.8030/…

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  • AUD/USD edges lower as broad based USD bids & rising US Treasury yields weigh 

  • Trend-Line off mid-April lows cleared, slide extends to the 21-DMA

  • Monthly RSI poised to roll over, if does bear sentiment upped

  • Above 0.8030/40 eases bear pressure 

  • Downside support near 0.7865/85 and then the May low at 0.7787

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Major Pair Currency Score: AUDUSD Bearish

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