AUDUSD RSI UpWard Trend
Keep in mind, the break of the September-high (0.7315) instills a constructive outlook for AUD/USD, but the advance from the 2018-low (0.7021) appears to sputtering ahead of the 0.7400 (38.2% expansion) handle as both price and the Relative Strength Index (RSI) threaten the upward trends carried over from October.
With that said, lack of momentum to hold above the 0.7320 (50% expansion) to 0.7340 (61.8% retracement) region brings 0.7230 (61.8% retracement) on the radar, with the next downside region of interest coming in around 0.7170 (23.6% expansion) to 0.7180 (61.8% retracement).
Next downside hurdle comes in around 0.7090 (78.6% retracement) to 0.7110 (78.6% retracement) followed by 0.7020 (50% expansion), which lines up with the 2018-low (0.7021
AUDUSD
With that said, lack of momentum to hold above the 0.7320 (50% expansion) to 0.7340 (61.8% retracement) region brings 0.7230 (61.8% retracement) on the radar, with the next downside region of interest coming in around 0.7170 (23.6% expansion) to 0.7180 (61.8% retracement).
Next downside hurdle comes in around 0.7090 (78.6% retracement) to 0.7110 (78.6% retracement) followed by 0.7020 (50% expansion), which lines up with the 2018-low (0.7021
AUDUSD 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.