Right now, the pair has one thing working in its favour for a move higher. But that particular factor is two-fold and so that amplifies the potential for a stronger relief rally in AUD/USD at the moment. Since the drop below 0.6500 in August, the pair has been caught in a downwards channel but is looking to come up for air now after being kept under for over two months:That's a significant technical development and could see buyers extend the push higher today. However, the 0.6500 mark continues to be a limiting factor in terms of impeding the upside momentum. As such, buyers will have to break above that and now the 100-day moving average (red line) at 0.6517 before really convincing of a s
Hence then, the article about aud usd looks to come up for some air was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( AUD/USD looks to come up for some air )