Short term AUD FX range
October 5, 2020 Leave a comment
During this week of October 5th-9th, if the AUDUSD stays under 0.7280 but breaks below 0.7030, then I’ll look for lower prices.
It’s 0.7168 as I write this.
Similarly, if the AUDJPY stays below 76.40 and breaks under 73.95 (it’s 75.68 at the moment), it will add weight for lower equity indices.
Incidentally, Bitcoin’s support level is ~ $10,320
Failure of these short-term support level should have mimicking effect on other asset classes.