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AUD/USD upside push stalls at the June highs, at least for now
However, this doesn't change the fact that the technical predicament for the dollar remains extremely poor at the moment. There are major technical pushes all across the board and it may be just a matter of time before the selling resumes. And that means AUD/USD is looking more poised right now to take out the June highs.For now, that particular resistance region near 0.6900 is helping to limit the upside move this week. The pair is down 0.2% to 0.6873 but unless there is a cause for turnaround...
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Posted: Jul 14 2023, 11:09
Author Name: forexlive
Views: 110526