AUD/USD Forecast: Gives Up Early Gain Yet Again

  • 📰 Daily_Forex
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The AUDUSD has rallied a bit during the trading session on Thursday, but gave back gains rather quickly as the 0.70 level continues to be important.

SubscribeWe commit to never sharing or selling your personal information

If we break through that in the 200-Day EMA, then it’s possible that we could see a big move. Anything below there opens the possibility of a bigger drop, and therefore it could launch a “FOMO” trade to the downside.If the market were to turn around and take out the highs of the last couple of sessions, essentially the 0.70 level, then it opens up the possibility of the 0.72 handle above. 0.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 567. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines