AUD/USD chart - Trading View
AUD/USD was trading 0.46% lower on the day at 0.7513 at around 05:20 GMT, outlook bearish.
The pair is extending weakness for the 4th straight session, slumps below 200-DMA, scope for further downside.
Fed surprised markets with a hawkish turn and signalled that it might raise interest rates at a much faster pace than anticipated previously.
Thursday's downfall in the USD across the board could be attributed to some aggressive technical selling, but major bias remains bullish.
Technical bias for AUD/USD pair has turned bearish. Stochs and RSI are sharply lower, volatility is rising as evidenced by widening Bollinger bands.
MACD and ADX support weakness. Close below 200-DMA will open downside for the pair. Scope for test of 61.8% Fib at 0.7379.


NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: USD/ CNY remains soft ahead of Fed decision
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 



