By Christopher Romano — Apr 14 - 11:40 AM
AUD/USD rallied to a 2-month high of 0.6808 Friday then turned sharply lower
Pair fell below the 55-, 200- & 10-DMAs as well as the daily cloud base
Daily RSI diverged on the high & a daily inverted hammer candle formed
March monthly candle became a doji after recently being a bull hammer
0.6680/90, 0.6620/25 are supports, breaks bring the March low into focus
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Source:
Refinitiv IFR Research/Market Commentary