AUD/USD, EUR/GBP drop to multi-year lows while EUR/USD dips
AUD/USD, EUR/GBP drop to multi-year lows while EUR/USD dips
AUD/USD drops to 13-month low
AUD/USD's fall through the August low at $0.6349 as the RBA kept rates on hold at 4.35% but adopted a mildly dovish stance puts the October 2023 low at $0.6271 on the map.
Minor resistance can be seen at Friday's $0.6373 low.
AUD/USD daily chart
EUR/GBP slips to 2 3/4 year low
EUR/GBP's fall through the £0.8271 to £0.8260 support zone and the £0.8250 mid-August 2022 low is short-term bearish with the March 2022 low at £0.8204 being eyed.
Because of inverse polarity the £0.8260 to £0.8271 area has now become resistance.
EUR/GBP daily chart
EUR/USD drops
EUR/USD comes further off Friday's $1.0629 high and is seen heading towards last week's low at $1.0461. Below it lies the November $1.0333 low.
EUR/USD daily chart
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