By Martin Miller — Nov 11 - 04:55 AM
AUD/USD's upside remains limited by the thick daily cloud (0.6646-0.6813)
Daily momentum remains negative, reinforcing the underlying bearish market
There is scope for eventual losses towards the 0.6489 Fibo
0.6489 Fibo is a 76.4% retrace of the 0.6349 to 0.6943 (EBS) rise
AUD/USD Trader TGM2347. Previous update nL1N3MB091
Source:
Refinitiv IFR Research/Market Commentary