Technical's for AUDUSD have been looking bearish over the past week, but there's been a lot of indecision. Overall fundamentally the AUD economy looks better than many other and against the USD with a rate hike expected in Dec, seems that fundamentally AUDUSD is likely to shoot higher. But for today, I feel and the charts say that price will head lower again first before reaching new highs.
First target at 0.7617, possibly heading lower to wedge support circa 0.7500.
First target at 0.7617, possibly heading lower to wedge support circa 0.7500.