AUDUSD sellers come in at key swing area resistance and are pushing back to the downside ...Middle East

forex live - News
AUDUSD sellers come in at key swing area resistance and are pushing back to the downside
The AUD/USD moved lower yesterday, testing a key swing area between 0.6433 and 0.6442. Selling pressure eased as the price reached the upper boundary of this zone, where buyers stepped in and the pair rebounded into the close. This recovery pushed the price into a higher swing area between 0.6471 and 0.64817, but the upside momentum stalled there.In today’s trading, the pair initially moved higher but quickly reversed as sellers re-entered the market, supported by a larger-than-expected current account deficit and renewed USD strength. The decline has pushed the price away from the higher swing area, shifting focus back to the lower swing zone between 0.6433 and 0.6442.A break below this low

Hence then, the article about audusd sellers come in at key swing area resistance and are pushing back to the downside was published today ( ) 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 sellers come in at key swing area resistance and are pushing back to the downside )

Apple Storegoogle play

Last updated :

Also on site :



Latest News