{video}AUDUSD plummeted to a six-month low on Wednesday to find support around the key 0.6525 area, which is the broken neckline of the inverse head and shoulders pattern registered last Autumn. From a technical perspective, the bearish wave has more room to run as the falling RSI has yet to reach its 30 oversold level, while the Stochastic oscillator has flipped backwards to re-enter the oversold region below 20. The MACD keeps decelerating within the negative zone, sending bearish vibes as well. Trend signals are also discouraging, with the price having declined below its simple moving averages (SMAs) to violate ... (full story)