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AUDUSD corrects higher today and retests a broken swing area

The AUDUSD is trading up and down today. The price has moved up more recently extended to a new session high. In the process, the pair is tested the low of a swing area between 0.65586 and 0.65667 on the 4-hour chart below. A move of the swing area would have traders targeting 0.65785 followed by another swing area broken earlier this week between 0.6595 and 0.6603.Key test in the short term for the AUDUSD. The buyers have corrected the pair to the closest resistance to target. If resistance ho... Read More

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Audusd

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Higher

Today

Retests

Broken

Swing

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Forex

Posted: Aug 3 2023, 16:33

Author Name: forexlive

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