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AUD/USD chart - Trading View
AUD/USD upside fails shy of 200-DMA, bias turning bearish.
The pair has slipped into daily cloud and 5-DMA is turning.
Bearish inverted hammer on Monday's candle adds to downside pressure.
Stochs on verge of rollover from overbought levels.
The pair has slipped below 110-EMA and is on track to test 21-EMA at 0.70.
Major trend is bearish and break below 21-EMA will accentuate weakness.
Support levels - 0.70 (21-EMA), 0.6955 (50-DMA), 0.6936 (Lower BB)
Resistance levels - 0.7036 (5-DMA), 0.7082 (July 19 high), 0.7089 (200-DMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
