Slowing home loans bearish for AUDUSD
Home loans in Australia slowed in August. Will the AUDUSD decline?
On 1-hour timeframe AUDUSD: H1 is declining. The 200-period moving average MA(200) is level. The stochastic indicator is falling but has not reached the oversold zone.
Technical Analysis Summary
| Order | Sell |
| Sell stop | Below 0.6742 |
| Stop loss | Above 0.6769 |