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AUDUSD cracks below December lows


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Stops triggers and runs lower

THe AUDUSD is running lower after breaking below the December low and swing levels from October and November. That area comes in at 0.7151-637

The September low at 0.70852 is a target below.
As the AUDUSD moves lower, so do the stocks (risk off?)  The Nasdaq is now down -96 points or -1.46%.  The S&P is down -28 points or -1.05%.
At the start of Powell press conference, the S&P was up around -7 points and the Nasdaq was down about -2 points.  Below is the snapshot of the markets at the start of the presser. 

PS Nasdaq is down -116 points or -1.70%

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