Flat after closing up 0.8%, with positive risk and a lower USD

Dalian iron ore was off 11% Wednesday from Monday's record high nL1N2J30CI

Further losses to cap AUD, but outlook for metals is positive nL1N2J30T4

Charts; momentum studies, 5 DMA slip, 10 & 21 daily moving averages climb

Mixed signals with uptrend stalled - USD likely to lead the next move

Rising 21 DMA a base Monday - now pivotal support at 0.7488

0.7639 December trend high and 38.2% 2011-2020 fall significant resistance

NY 0.7534-0.7592 range first support-resistance

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