Usd aud forex

The textbook definition of a downtrend is a series of lower highs and lower lows, and AUD/USD has put in no fewer than five lower highs and lows since topping out nearly six months ago. Over that period, the pair has formed a clear bearish channel that provides clear levels of support and resistance to watch. Source: TradingView, paytmcoupon1000.gq

The AUD is under a free floating regime since The projected minimum was at 0. The positive figures support the Australian Dollar. Any references to historical price movements or levels is informational based on our analysis and we do not represent or warranty that any such movements or levels are likely to reoccur in the future.

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AUD/USD Analysis I wrote yesterday that as the price had been making lows in the area which is a multi-year inflective low point, it may be very hard for bears to push the price significantly lower and may just possibly also be an area where we could see a long-term bullish price reversal.

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