AUDUSD: Swing target holds support at low and buyers now attempt a comeback rally ...Middle East

The AUDUSD moved lower in the Asian session and in the process moved down to test a swing area near 0.65229. That support area extends back to early November and again around November 22. The price on November 22 based against that level and ultimately moved up to the high price reached on Monday.This week, the price has trended to the downside after peaking on Monday, but that same support target at 0.65229 did hold today, and we are seeing a snapback rally.Looking at the hourly chart above, the price of the AUDUSD has now moved back above the broken 38.2% retracement of the move-up from the November 10 low. That level comes in at 0.6555 and is now a support target (it based against that le

Hence then, the article about audusd swing target holds support at low and buyers now attempt a comeback rally was published today ( Thursday 07/12/2023 - 06:20 PM ) and is available on forex 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 ( AUDUSD: Swing target holds support at low and buyers now attempt a comeback rally )

Also on site :

• Trump endorses Steven Hilton in California governor's race
• I Asked Dietitians What Women Over 50 Are Getting Wrong About Their Diets, and They All Said the Same 2 Things
• INVESTOR REMINDER: Berger Montague Notifies Gemini Space Station, Inc. (NASDAQ: GEMI) Investors of a Class Action Lawsuit and Deadline