By Peter Stoneham — Oct 21 - 03:30 AM
Last week's rebound from 0.6659 was held by the 10DMA at 0.
Price is now pivoting the 100DMA and daily cloud top at 0.6695
Fourteen day momentum is negative and RSI is falling
A Monday close inside the daily cloud could trigger a bearish resumption
Key supports are at 0.6659, Oct. 16 low, and 0.6628, 200DMA
We lean bearish but will wait for stronger signals
AUD/USD Trader TGM2347
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary