AUD/USD falls heavily as bears move in towards the 0.6580s target area AUDUSD SEO Currencies Fed RBA
, it was explained that the downside scenario in a break of AUD/USD support opened risk to a test of the 0.6580s and then the 0.6520s:AD/USD was coiled below the 200 DMA and on the break of support near 0.6700, the bears moved in and ground into 0.6650 orders that made way for a strong impulse down into the 0.6590s that guards the 0.6580s.AUD/USD H4 & H1 chartsInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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