AUDUSD dips to key moving averages before bouncing back ...Middle East

The downward move in AUDUSD continued during the Asian-Pacific session, with the price extending into a key swing area between 0.6287 and 0.6301 (see red numbered circles on the chart). Initially, this zone provided some support, but selling pressure persisted.

Currently, the price is attempting to regain ground and move back above the swing area up to 0.6301. If buyers can establish support above this level, the next upside target comes into focus at 0.6326–0.6336.

Buyers looking to take back control.

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about audusd dips to key moving averages before bouncing back was published today ( Friday 07/03/2025 - 06:11 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.

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