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AUDUSD Sinks to Fresh 2023 Low, Looking Oversold

AUDUSD Sinks to Fresh 2023 Low, Looking Oversold
AUDUSD has been in an aggressive decline after its latest bullish breakout from the rectangle encountered resistance at 0.6898, validating a double top pattern. In the near-term, the pair is posting consecutive lower lows, with the price appearing to have approached oversold conditions as it is trading very close to the lower Bollinger band. The momentum […] The post AUDUSD Sinks to Fresh 2023 Low, Looking Oversold appeared first on Action Forex... Read More
Posted: Aug 17 2023, 08:01
Author Name: actionforex
Views: 022120

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