CVecchioFX3e

AUD/USD Turning from Fmr Triangle Support - Bounce Threatened

FX:AUDUSD   Australian Dollar / U.S. Dollar
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Technically, the Aussie is showing signs of meaningful deterioration across a number of pairs.

Both AUD/JPY and AUD/USD have stalled into former support turned resistance areas and are threatening their uptrends from their January lows. AUD/CAD is garnering greater attention now that it appears to be on the verge of breaking both a longer-term multi-week uptrend as well as a more recent symmetrical triangle consolidation.

Click the link for technical considerations (video) in other AUD-crosses.
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