AUDUSD slips below 200-DMA

AUD/USD close below 200-DMA will see dip till next major support at 110-EMA at 0.7242. Bounce off 200-DMA will see upside resumption.
Technical bias for the pair remains bullish. Major moving averages are trending higher.

That said, RSI and Stochs are showing a bearish rollover from overbought levels, raising scope for some weakness.


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