DISCLAIMER - This analysis does not warrant any immediate buy and sell. Every trader should do their analysis themselves and have proper risk management executed perfectly in accordance with their trading plan.
AUDUSD has been surging since it plunged to 0.055090. Since then, it came back to where the bulk of trading happened at its price channel where it also deviated. AUDUSD will be likely controlled by sellers now as price bounces off at a major resistance in 0.7050.
AUDUSD has been surging since it plunged to 0.055090. Since then, it came back to where the bulk of trading happened at its price channel where it also deviated. AUDUSD will be likely controlled by sellers now as price bounces off at a major resistance in 0.7050.
Comment:
Price had touched 0.68605.