Derived Data That Drive Results
By Martin Miller — Nov 28 - 10:20 AM
The AUD/USD daily chart shows the overall bias remains on the downside
There is scope for an eventual big drop to probe the 2024 0.6349 low
Tenkan and kijun line are negative aligned, reinforcing the bearish market
Also note the fourteen-day momentum reading remains negative
We are now short at 0.6540 in anticipation for a bearish resumption
AUD/USD Trader TGM2347. Previous update nL2N3MW0BL
Daily Chart: Click here
Source:
London Stock Exchange Group | Thomson Reuters
