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AUDUSD corrects lower from last week's push higher. Stalls the fall ahead of close support

AUDUSD corrects lower from last week's push higher. Stalls the fall ahead of close support

Last week, the AUDUSD moved up to test the swing high decline off the high that was reached in August near 0.7136. The high price extended to 0.7142 on Thursday before rotating modestly back to the downside.

The buyers had their shot at the new high going back to June, but he could not sustain momentum (see daily chart).

The decline off of the high moved the Read More

Posted: Jan 30 2023, 15:20
Author Name: forexlive
Views: 110712

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