AUD/USD slipping towards 0.6900 in early Asia as risk assets dip

Wall Street gave back gains in US afternoon and downward momentum continues

E-minis are down 0.18% while the AXJ index is off 0.15% in early trade

Investors a bit cautious ahead of Powell later today and US CPI Thursday

Mood shifts since the start of 2023 have led to price volatility

AUD/USD trending higher with the 5, 10 & 21-day MAs in a bullish alignment

Support is at the 200-day MA at 0.6839 and 10-day MA at 0.6814

Buying dips is the favoured strategy while the 10-day MA holds

More support is at the For more click on FXBUZ