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AUD/USD slips, now threatens 0.7640 support

Friday, March 13, 2015 12:56 PM UTC

10-DMA caps AUD/USD again overnight, pair slips to threaten 0.7640 support
Daily RSI rolls over to add a bearish tint, pair may slip further sub-0.7640
High beta currencies take brunt of USD bid, weak commodities weigh as well
AUD/USD next support at ~0.7615/20 & 0.7570/75, bigger support into 0.7550
Market still short so bears need a catalyst for further downside

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AUD/USD slips, now threatens 0.7640 support

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