AUD/USD, EUR/JPY and USD/JPY stabilize ahead of US presidential debate
AUD/USD, EUR/JPY and USD/JPY hold at support ahead of US presidential debate.
AUD/USD topped out
AUD/USD's drop through its 22 August low at $0.6698 confirms a medium-term top formation with the 200-day simple moving average (SMA) at $0.6616 being eyed.
Minor resistance sits at Wednesday's $0.6686 low and further up at the 22 August low at $0.6698. More significant resistance can be spotted at Friday's $0.6767 high. While below it, downside pressure should dominate.
EUR/JPY tries to level out
EUR/JPY tries to find support slightly above the 9 January low at ¥157.21.
The ¥160.00 region should still act as minor resistance
USD/JPY tries to stabilize
USD/JPY tries to stabilize above its ¥141.70 early August low. Minor resistance is seen the late August ¥143.45 low.
While no rise above the early September high at ¥145.55 is seen, downside pressure retains the upper hand.
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