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AUD/USD ping pongs back lower as key ranges continue to hold

AUD/USD ping pongs back lower as key ranges continue to hold
The pair continues to be stuck in a ping pong battle, mostly in between 0.6360 to 0.6500. The low earlier today touched 0.6395 before the dollar gave back some of its earlier gains but in any case, it continues to pit AUD/USD price action within the above range. As such, that is leaving traders with little conviction to work with in the bigger picture.It will require either a break back above 0.6500 or a firm break under the September lows to really solidify the next movement leg in the pair.And... Read More
Posted: Oct 2 2023, 08:17
Author Name: forexlive
Views: 112580

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