The AUDUSD remains in red and pressuring key supports at 0.6761/58 (new two-year low, posted yesterday / 50% retracement of 0.5509/0.8007 rally). Soured risk sentiment on growing recession fears that boosted demand for safe-haven dollar, keep the Aussie dollar in defensive mode. Bearish daily techs (rising negative momentum, south-heading indicators, MA’s in bearish setup) add […]
The post AUD/USD: Key Supports Under Pressure as Aussie Remains Weighed by Soured Risk Sentiment appeared first on Action Forex.
