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Oct 25 - 02:55 AM

AUD/USD - Flirts With Downside Again As 200 DMA Pivot Cracks

By Ewen Chew  —  Oct 25 - 01:30 AM
  • AUD/USD last 0.6622, teeters over edge of 200 DMA support

  • Fri close below 0.6628 will skew it lower near-term

  • Breakdown through Ichimoku cloud base 0.6593 possible

  • That would intensify bearish technical signals

  • Loss of supports would target 0.6500 psych barrier

  • UST yields tad soft but USD may firm up into election

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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