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ToniSignals

AUD/USD Signal - USD 20 Year Bond Auction - 17 Nov 2021

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
ToniSignals  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD aud USD aussie Forex forexsignals forexmentor forextrading daytrading
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trendanalysis harmonicpatterns chartpattern audusd aud usd aussie forex forexsignals forexmentor forextrading daytrading
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.

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