EUR/USD, EUR/GBP try to stabilise while AUD/USD drops
EUR/USD, EUR/GBP try to stabilise while AUD/USD is on track for its fourth straight day of decline.
EUR/USD is trying to level out
EUR/USD saw seven straight days of falling prices but is trying to stabilise above Friday's $1.0952 low with the $1.1002 September low now acting as resistance. Below $1.0952 lie the mid-July high at $1.0948 and the early June high at $1.0916.
AUD/USD drops four days in a row
AUD/USD is on track for its fourth straight day of falls whilst approaching the 55-day SMA at $0.6705 and the 22 August low at $0.6698. Further down lies the September trough at $0.6623. Minor resistance can now be seen at the 19 September low at $0.6739 and at the 26 September low at $0.6819.
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