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AUDUSD Analysis – May 7, 2023
The Australian dollar has been in a long-term downtrend against the US dollar since reaching a high of 0.8006 in Feb 2021. The price action from the low of 0.6170 is likely a consolidation for the downtrend, with the pair currently trading in a range between 0.6550 and 0.6800. On the weekly chart, AUDUSD remains … Continue reading "AUDUSD Analysis – May 7, 2023"...
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Posted: May 7 2023, 09:53
Author Name: forexcycle
Views: 102212