AUD/USD: The Direction of Highest Probability is Bearish as price remains
August 30, 2023 04:55 AM
BEARISH
Daily Trading Range:
AUD/USD: The Direction of Highest Probability is Bearish as price remains below the 45 Period EMA and also below the Psychological level at 0.6500. On the lower time frames we can see that a brief retracement may be on the cards
Future movement of the AUDUSD rests on the shoulders of the USD
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Daily Support and Resistance
Resistance 3: | 0.7750 |
Resistance 2: | 0.7250 |
Resistance 1: | 0.7000 |
Current Price | 0.6458 |
Support 1: | 0.6000 |
Support 2: | 0.5800 |
Support 3: | 0.5500 |