The AUDUSD remains constructive in early Tuesday, though the downside is still at risk after Monday’s action was strongly rejected at psychological 0.70 barrier, reinforced by falling 10DMA, which marks pivotal point. Technical studies on daily chart maintain strong negative momentum and moving averages are in bearish setup, while the action is weighed by thick […]
The post AUD/USD: Downside Remains at Risk While Price Stays Below 0.70 Pivot appeared first on Action Forex.
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