(By Yann Quelenn )
• AUD/USD is consolidating lower after the pair
surged towards 0.8125 (08/09/2017 high). Hourly
support below 0.7950 (former uptrend channel).
Expected to further weaken.
• In the long-term, the trend is largely negative
since 2011. Key supports stands at 0.6009
(31/10/2008 low) . A break of the key resistance
at 0.8295 (15/01/2015 high) is needed to
invalidate our long-term bearish view.