Macho MArket Moves: AUDUSD Struggles as Bears Push On
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.
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.