AUDUSD Price Analysis: Bulls in control and eye break of key resistance – by fx_ross AUDUSD Technical Analysis
US Dollar pressured and at risk of deeper to 109.50s.bulls moved in for the low-hanging fruit at the end of the week, taking out the shorts that had been building up since mid-prior week from 0.6500. The high recorded on the day was 0.6482. For the open, should the US dollar manage to find a bid, 0.6425 could be an attractive downside target where the bulls would be expected to reemerge from.
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