Next Stop for AUD/USD: 2014-Low AUD/USD has been like a falling knife since breaking a multi-month consolidation, which had support at 0.92. Just in September, aud-usd went from a bullish continuation outlook to a sharply bearish outlook. The daily chart shows this dramatic reversal. Even as the RSI shows oversold conditions, price is still falling, truly a sign of a downtrend. This week, the pair opened with a bearish attempt that broke below the 0.89 handle as well as the 0.8890 support pivot, exposing the 0.8660 low on the year. When we look at the 4H chart, we see AUD/USD in a persistent downtrend. The 200-, ... (full story)