Commentary
Add as a preferred source on GoogleAUD/USD has broken sharply below the 50d MA and risks new cycle lows. However, evidence continues to indicate a very late stage decline. Weakness should be limited to 0.7467 channel support, worst case 0.7360/0.7214 (6m …
AUD/USD has broken sharply below the 50d MA and risks new cycle lows. However, evidence continues to indicate a very late stage decline.
Weakness should be limited to 0.7467 channel support, worst case 0.7360/0.7214 (6m downside slopping channel in brown and 14yr trendline lows).
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