AUD/USD Signal - USD 20 Year Bond Auction - 17 Nov 2021
AUD/USD is trending to the downside today prior to the USD 20 year Bond Auction, which reveals the yield on the bond. Technically the pair is below the 50-200 hour moving averages, which are in a bearish cross.
The RSI is also pointing to the downside, and we're targeting the significant 0.71900 level just before the 61.8% fibonacci extension level.
The RSI is also pointing to the downside, and we're targeting the significant 0.71900 level just before the 61.8% fibonacci extension level.