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AUD/USD begins to lose altitude after failure to keep above 0.7000

AUD/USD begins to lose altitude after failure to keep above 0.7000

What looked like a potential upside break yesterday ended up being a massive disappointment for AUD/USD buyers as they once again fail to clinch a daily break above the 0.7000 mark. The drop in US trading wasn't helped by a turnaround in market sentiment, with a slide in equities and the dollar picking up some bids late yesterday.

And given that setback, we are seeing a further drop in the pair by 0.7% to 0.6890 lev... Read More

Posted: Jan 19 2023, 08:47
Author Name: forexlive
Views: 110893

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