Risk off thru most of October, as long as we don't get back above the multi-month trendline, we should break down thru Ichimoku Cloud and hit oversold RSI of 30 over next 5 trading days.
SL -- 0.6635
TP1 -- 0.6420
TP2 -- 0.6250
Negative deflation factors mean lower commodity prices, risk assets, and Aussie is exposed to housing price collapse, banking sector pin-prick to the bubble, and general recessionary effects coming.
Retest of lows expected.
Price: 0.6236
Stop: 0.6270
TP1: 0.6100
TP2: 0.5800
