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Aud/Usd failed to close in NY yesterday......>

AUSSIE
AUSSIE: Aud/Usd failed to close in NY yesterday above the major descending
trend-line off the YTD high ($0.7816), triggering further bearish signals. The
pair did briefly make a show above $0.7800 in early Europe but the risk-off tone
has since pressured commodity based currency pairs with a move through the
100-dma to $0.7755. Bears will look to close below here for the next leg lower
and challenge the 2018 low at $0.7713. 

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