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AUDUSD accelerating the recent decline,......>

AUSSIE
AUSSIE: AUDUSD accelerating the recent decline, with intra-day trend indicators
giving bearish signals and the lows for the year currently being tested. The
0.7643 previous lows of March coincide with the lower boundary of the major
ascending channel at 0.7634, established since the beginning of 2017. A break
below 0.7634 will trigger a further medium term bearish signal. Medium term
momentum signals have also turned bearish with the longer term focus now likely
to switch to the 0.7502 December lows.

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