AUDUSD has been experiencing a sustained downtrend, generating a profound structure of lower highs and lower lows. However, in the last few four-hour sessions, the pair has adopted a sideways pattern after it managed to cease its decline at the two-year low of 0.6710. The momentum indicators suggest that bearish forces remain in control. Specifically, the […]
The post AUDUSD Bounces-off 2-Year Low But Retains Bearish Outlook appeared first on Action Forex.
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