– AUDUSD broke support level 0.6460
– Likely to fall to support level 0.6400
AUDUSD currency pair under the bearish pressure after breaking below the key support level 0.6460 (which stopped the previous intermediate impulse wave (1) at the end of May).
The breakout of the support level 0.6460 accelerated the active impulse wave 3 of the higher impulse wave (3) from June.
Given the clear daily downtrend and strong USD gains, AUDUSD can be expected to fall further toward the next support level 0.6400 (target price for the completion of the active impulse wave 3).
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies