AUDUSD falls sharply on again of the upper USD after the US jobs report. Beneath 100 day MA.

The AUDUSD fell sharply after the US jobs report as yields surged (2-year up 18 bps, 10 yr up 17.4 bps). Technically, the value fell under its 200 day shifting common at 0.6572 and extra lately under its 100-day shifting common at 0.65276. A key swing. 0.65229 was additionally damaged

Recall from yesterday, the value of the AUDUSD did transfer under the 100-day shifting common and that swing degree at 0.65229 too, however failed and raced again to the upside. On right now’s break, sellers are making the technical play once more. Keep under the ten day MA and the sellers are in agency management. Transfer again above, and there may very well be disappointment shopping for from the failed break for the 2nd time this week.

ON the draw back, the 61.8% of the transfer up from the October low is available in at 0.6499. Transfer under that degree and the door opens for extra draw back momentum.