Aussie Dollar falls as bond yield drop hints RBA outlook eroding. The Australian Dollar underperformed in overnight trade, falling alongside local front-end bond yields. That speaks to a dovish shift in RBA monetary policy bets, though a standalone catalyst triggering it is not immediately apparent.
Monthly: Spinning top green candle, testing monthly resistance
Weekly: shooting star forming after a bullish engulfing, testing monthly support further downside likely
Daily: Bearish engulfing now starting to form a bearish hanging man, sitting above M.A
H4: Broken Below M.A potential retracement to 0.382 fib 0.75973
Monthly: Spinning top green candle, testing monthly resistance
Weekly: shooting star forming after a bullish engulfing, testing monthly support further downside likely
Daily: Bearish engulfing now starting to form a bearish hanging man, sitting above M.A
H4: Broken Below M.A potential retracement to 0.382 fib 0.75973
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