The AUDUSD edges higher in early Monday after 1.2% drop on Friday, when the pair broke below previous low at 0.6828 (May 12) and hit new two-year low at 0.6815. Friday’s close below 0.6828 low was a bearish signal, though bears face headwinds here and may hold in extended consolidation before resuming. Technical studies on […]
The post AUD/USD: Aussie Bounces from New Two-Year Low But Upticks Seen Limited, RBA in Focus appeared first on Action Forex.
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