AUD/USD Price Analysis: Bulls are holding the fort, eye 0.6720 AUDUSD Technical Analysis
AUD/USD Price Analysis: Bears will be looking for a premium in the openIt was stated that the 0.6640s and 0.6620s were highlighted as the first support zone and that there could be a correction from this point. has rallied from the lows and has completed a test of the 38.2% Fibonacci retracement. A continuation would be expected at this juncture for the day ahead.
The W-formation´s neckline could be holding up as support for the day ahead and we might see a bullish continuation with 0.6720 eyed. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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