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AUDUSD breaks to a new low. Moves away from the 50% midpoint at 0.6663

The AUDUSD is continuing to move to the downside after the "dovish hike" of 25 basis points by the Reserve Bank of Australia overnight. Coming into the US session, the price was stalling near the 50% midpoint of the move up from the October low. That level has now been broken at 0.6663. The low price just reached 0.66458.

The next key target comes against the swing low from the month of December at 0.66284.

This article was written by Greg Michalowski at www.forexli... Read More

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Content Topics

Audusd

Breaks

Low

Moves

Away

From

Midpoint

6663

0 6663

Forex

Posted: Mar 7 2023, 14:59

Author Name: forexlive

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