AUDUSD has been in a steep downtrend since early March, generating a profound structure of lower highs and lower lows. Although the pair managed to find its feet and traded sideways during the past week, it soon broke the pattern to the downside to form a fresh 29-month low of 0.6234. The short-term oscillators are […]
The post AUDUSD Slumps to 29-Month Low as Outlook Deteriorates appeared first on Action Forex.