AUD/USD opens -0.57% as commodity currencies fell with huge drop in oil nL1N3CH0A9

US yields fell to cushion the AUD/USD fall - while AUD/JPY fell 1.0% nL1N3CH317

AUD/USD support is at the 10-day MA at 0.6438 with bids eyed at 0.6450/60

More support is at 0.6395/0.6400 where the 21 & 55-day MAs converge

Resistance is the 50% of the July/Oct fall at 0.6583 with offers at 0.6550

AUD/USD upward momentum stalled as 10-day MA starting to turn lower

A close below 0.6435 would suggest a top has formed at 0.6542

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