AUDUSD Technical Analysis
The AUDUSD pair breaks a key support zone and runs lower. What’s next?
Stay updated with breaking news from Audusd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The AUDUSD pair breaks a key support zone and runs lower. What’s next?
The Australian Dollar (AUD) tumbles sharply against the US Dollar (USD) as US Treasury yields climb and the Greenback (USD) posts solid gains of more than 0.50% via the US Dollar Index (DXY).
Sellers maintained their dominance for yet another session on Tuesday, motivating AUD/USD to retreat to the area of five-week lows in the sub-0.6600 region, approaching at the same time the critical 200-day SMA near 0.6580.
The AUD/USD pair kicks off the new week on a positive note during the early Asian session on Monday.
The Australian Dollar (AUD) attempts to recover its losses on Monday after a decline in the previous two sessions.