AUDUSD has been staging an impressive rebound after finding its feet at the 32-month low of 0.6169 in mid-October. Nevertheless, the pair has experienced a moderate pullback in the near term, with its latest advance getting rejected at a fresh five-month high of 0.7062. The momentum indicators currently suggest that bullish forces are waning but retain […]
The post AUDUSD Retraces Lower as Advance Falters Around 5-month Peak appeared first on Action Forex.
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