AUDUSD has been in a sliding mode this week, after hitting resistance near its 50-period exponential moving average (EMA). That said, in the bigger picture, the pair has been trading sideways since February 24, with most of the price action being contained between the 0.6625 and 0.6795 barriers. Therefore, the short-term outlook for now remains […]
The post AUDUSD Continues to Trade in Sideways Manner appeared first on Action Forex.
EUR/USD’s decline continued to stall above 1.0199 fibonacci level last week. Initial bias stays neutral this week first. But outlook will remain bearish as long as 1.0435 resistance holds. Decisive break of 1.0199 will resume Read more…
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