
On the daily chart of AUD/USD, bulls failed to return the pair to the long-term upward channel.
On the daily chart of AUD/USD, bulls failed to return the pair to the long-term upward channel.
AUD/USD reversed from resistance area Next sell target - 0…
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen.
The US dollar index continues its downward movement. It tested levels below $93.30. The next support lies at $93.
Traders will look at the G7 summit that will take place on June 8-9 in Quebec to get clues on the world economic growth.
The US dollar index is lower and lower. It is trading near $93.65.
AUD/JPY reversed from resistance zone Next sell target - 84…
AUD/CHF reversed from resistance area Next sell target - 0…
The US dollar index found support around 94…
The Australian dollar has strongly depreciated in the recent months.
The Australian dollar shocked with a significant rise on Monday, June 4. The AUD/USD pair traded at a six-week top near 0.7660.
On Monday, the US dollar index tested lows near $93.60. Tuesday’s trading isn’t extensive, but the index is at $94.
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