Hi Traders! AUDUSD is under more pressure, and there is a potential support break on the 1D chart. Price Action The price action currently looks bearish, with market swings showing lower highs and lower lows. We are looking for a break and a close below the support price at 0.62856, which is the yearly low. Fundamental Analysis Last Thursday, employment figures from Australia lessened expectations of an RBA rate hike, which has the Australian dollar currently trading under …
AUDUSD SHORT to Yearly Low Break Idea for OANDA:AUDUSD by
Hi Traders! AUDUSD is under more pressure, and there is a potential support break on the 1D chart. Price Action The price action currently looks bearish, with market swings showing lower highs and lower lows. We are looking for a break and a close below the support price at 0.62856, which is the yearly low.…
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