The price action is currently consolidated close to short-term and long-term moving averages while the RSI and MACD do not provide strong directional signals.
This Week: AUDUSD slightly rebounds towards 100-period SMA
With the Aussie still reeling from year-to-date declines against most of its G10 peers (except JPY), bouts of risk-off sentiment may also keep AUD bears in control this week.
Ongoing concerns over China’s economic growth have sent investors rushing toward the dollar with growing bets around US interest rates staying higher for longer supporting upside gains!
The price action is currently consolidated close to short-term and long-term moving averages while the RSI and MACD do not provide strong directional ...
With the Aussie still reeling from year-to-date declines against most of its G10 peers (except JPY), bouts of risk-off sentiment may also keep AUD bea...
Ongoing concerns over China’s economic growth have sent investors rushing toward the dollar with growing bets around US interest rates staying highe...
AUDUSD breaking above 0.65712 may send bullish signal
Two potential targets identified
If 0.65201 support is broken, bullish ...
AUDUSD
Aussie
CPI
inflation
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