AUD/USD Technical: Bulls Rejected at 20 and 200-day Moving Averages ahead of US CPI

<p>Short-term momentum is likely to have turned negative as seen in the hourly RSI. Key short-term resistance stands at 0.6720. Intermediate supports to watch will be at 0.6630 and 0.6600/6580. This is a follow-up analysis of our prior report, “AUD/USD Technical: Positive momentum ahead of RBA” published on 4 July 2023. The price actions of [&#8230;]</p>
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