AUDUSD rebounds higher after dump lower runs out of steam and snaps back higher. ...Middle East

The AUDUSD is snapping back to the upside helped by lower yields. The Michigan inflation expectations came in lower which tilted yields back to the downside, and that is helping to weaken the USD including the AUDUSD. Technically, the price is trying to extend back above the broken trend line. Stay above that level (near 0.6519) and the market could start to look toward the 200 bar MA on the 4-hour chart and the 200-Day MA. Both those MAs are near 0.6546. This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about audusd rebounds higher after dump lower runs out of steam and snaps back higher was published today ( Thursday 28/03/2024 - 07:20 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 rebounds higher after dump lower runs out of steam and snaps back higher. )

Also on site :

• Aurora man arrested on suspicion of starting massive Leetsdale Drive fire
• Indiana Toll Road shut down after pileup crash involving around 29 vehicles
• '80s Thrash Metal Band Teases New Song From First Album in 5 Years