AUD/USD could provide us with a clue of forthcoming price action elsewhere, with the pair dropping through a channel and horizontal support this morning. The release of a record decline in the Westpac consumer sentiment reading certainly didn’t help things.
Nevertheless, with the price having broken from its uptrend, further downside looks likely. The USD is...
AUD/USD could provide us with a clue of forthcoming price action elsewhere, with the pair dropping through channel and horizontal support this morning. The release of a record decline in the Westpac consumer sentiment reading certainly didn’t help things.
Nevertheless, with the price having broken from its uptrend, further downside looks likely. The USD is strong...