AUD/USD extends sideways move within 0.6340-0.6448 area. Key resistance levels in focus as bullish breakout still likely. AUDUSD has been in a tight range for almost two weeks, consolidating its rapid rally from a five-year low below its 200-day simple moving average (SMA) and within the 0.6340-0.6448 area. The 50% Fibonacci retracement of the September-April […]

The post AUD/USD in a Range: Is a Bullish Breakout Next? appeared first on Action Forex.