{video}AUDUSD is experiencing its second straight red candle, canceling out most of the upleg recorded since the September 6 low. The overall sentiment remains bearish despite the aggressive sell-off that took place after the formation of the double top pattern in July. Therefore, all eyes are on the momentum indicators at this stage for any clues on the next likely leg in AUDUSD. In more detail, the RSI continues to hover below its 50-midpoint and now appears to be heading lower. More interestingly, the stochastic oscillator is currently battling with its moving average. The outcome of this battle could play a key ... (full story)