Key Highlights AUD/USD started a fresh decline and traded below 0.6500. A bearish trend line is forming with resistance at 0.6470 on the 4-hour chart. EUR/USD is consolidating losses above the 1.1480 support. GBP/USD is facing a major hurdle near 1.3120 and 1.3140. AUD/USD Technical Analysis The Aussie Dollar declined below 0.6550 and 0.6500 against […]
The post AUD/USD Attempts Bounce, But Bulls Face Tough Test Ahead appeared first on Action Forex.
Market Overview The crypto market capitalisation rose to $2.64T in the early hours of Monday but quickly retreated to the $2.60T level that has held steady over the past five days. Bears are aggressively defending Read more…
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Daily Pivots: (S1) 215.14; (P) 215.47; (R1) 216.02; More… Intraday bias in GBP/JPY remains neutral and consolidations from 215.89 could extend. In case of another fall, downside should be contained by 213.29 resistance turned support Read more…