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Khiwe
Apr 16, 2024 7:59 AM

Macho MArket Moves: AUDUSD Struggles as Bears Push On Short

Australian Dollar/U.S. DollarFXCM

Description

Hello There,

The AUDUSD is on a bearish trend, holding steady around the 0.64500 supply area.

The latest candle is showing some bullish movement above 0.64095, but a drop below this level could signal further bearish action.

There are two price targets with a bias of 0.62883 as daily momentum suggests yet still more downward momentum.

Happy Trading,
K.
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