By Martin Miller — Feb 03 - 06:45 AM
• AUD/USD recently faltered ahead of the thickening daily cloud resistance
• Cloud currently spans the 0.6322-0.6461 region, led to new 2025 lows
• There is scope for bigger losses to the 0.6000 psychological level
• 14-day momentum is on course to turn negative at the end of trading on Mon
• AUD/USD Trader
Daily Chart:
(Martin Miller is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters