AUD/USD has bounced off strong trendline support.
Holds above 0.71 handle and finds strong support at 5-DMA.
Major trend in the pair remains bearish, but break above 21-EMA could see test of 50-DMA at 0.7224.
Focus on RBA minutes and employment data for Sept.
Stay long above 21-EMA, SL: 0.71, TP: 0.72/ 0.7225
Holds above 0.71 handle and finds strong support at 5-DMA.
Major trend in the pair remains bearish, but break above 21-EMA could see test of 50-DMA at 0.7224.
Focus on RBA minutes and employment data for Sept.
Stay long above 21-EMA, SL: 0.71, TP: 0.72/ 0.7225