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AUDUSD Daily Analysis – August 29, 2023

AUDUSD is currently experiencing a sideways consolidation within a trading range bounded by 0.6363 and 0.6487. As long as the resistance level at 0.6487 remains intact, the lateral price movement can be interpreted as a consolidation phase for the prior downtrend from 0.6894. A breakdown below the support level at 0.6363 could potentially trigger further … Continue reading "AUDUSD Daily Analysis – August 29, 2023"... Read More
Posted: Aug 29 2023, 03:22
Author Name: forexcycle
Views: 112531

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