AUD/USD is threatening to fall below the triple bottom in the 0.9322-0.9330 range. The low so far today is 0.9332.
The pair broke the 55-day moving average in today’s fall. A close below would be the first since early June.
A break could open the way to a test of 0.9200 but the next level of support would be the 100-dma at 0.9319.
AUDUSD daily
The orderboard shows stops below 0.9330 with more below 0.9320 but strong demand at 0.9300.
