The aussie is declining given the commodities decline and the perspectives that the RBA won't hike the interest rates in December, as was widely expected. The pair is now trading at 0.9160 dollars per Australian dollar. The price is breaking the lower band of Bollinger, hinting a possible correction to the middle band.

According to the RSI, the pair is clearly oversold, while the Stochastic shows selling signs, right now.

If the trend stays to the downside, the price could seek the double floor zone at 0.9135, an area of potential upwards rebound.

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