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JinDao_Tai
Apr 6, 2023 5:14 AM

AUDUSD Outlook 6th April 2023 Short

Australian Dollar/U.S. DollarFXCM

Description

The AUDUSD reverses the recent gains seen earlier in the week and is now trading below the 0.67 round number resistance level again.

With the momentum currently to the downside, look for the AUDUSD to break below the bullish trendline to signal a confirmation of further downside potential.

Downward moves on the AUDUSD could find the first support at 0.6635 and beyond that (probably unlikely) the key support level at 0.6580
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