The Australian dollar has entered the range market.
The AUDUSD has strengthened after hitting 0.7390 and the Australian Dollar is side against the US Dollar. According to sellers, if the AUDUSD falls below 0.7390, the downtrend will recover from the 0.7660.
From the buyers’ point of view, if the resistance is broken at 0.7518, the short-term trend of AUDUSD will rise to the level of 0.7660. With the definitive failure of this rate, the currency pair will be ready to hit the 0.006 peak again.
* AUDUSD H4 Technical Analysis
* AUDUSD Daily Technical Analysis
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