AUD/USD chart - Trading View
AUD/USD was trading 0.46% lower on the day at 0.7513 at around 05:20 GMT, outlook bearish.
The pair is extending weakness for the 4th straight session, slumps below 200-DMA, scope for further downside.
Fed surprised markets with a hawkish turn and signalled that it might raise interest rates at a much faster pace than anticipated previously.
Thursday's downfall in the USD across the board could be attributed to some aggressive technical selling, but major bias remains bullish.
Technical bias for AUD/USD pair has turned bearish. Stochs and RSI are sharply lower, volatility is rising as evidenced by widening Bollinger bands.
MACD and ADX support weakness. Close below 200-DMA will open downside for the pair. Scope for test of 61.8% Fib at 0.7379.


FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: AUD/USD dips after RBA Governor speech
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 



