Derived Data That Drive Results
By Martin Miller — Nov 25 - 07:15 AM
The 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 fourteen-day momentum remains negative
We are now short at 0.6540 in anticipation for a bearish resumption
AUD/USD Trader TGM2347. Previous update nL1N3MM09W
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
