2024-12-24 18:24
IndustryAUD/USD: Down signal is issued，continue to fall
AUD/USD opened lower today, it seems that the price action is sending a downward signal, AUD/USD resumed the downtrend, the next major short target is expected to be 0.6150. At the same time, downward pressure from the 50-cycle exponential moving average also added to the downward momentum. If AUD/USD can rise above 0.6270, there is a chance to stop the downtrend, otherwise it will continue to fall.
Today I expect AUD/USD to trade between 0.6180 and 0.6280.
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AUD/USD: Down signal is issued，continue to fall
Hong Kong | 2024-12-24 18:24
AUD/USD opened lower today, it seems that the price action is sending a downward signal, AUD/USD resumed the downtrend, the next major short target is expected to be 0.6150. At the same time, downward pressure from the 50-cycle exponential moving average also added to the downward momentum. If AUD/USD can rise above 0.6270, there is a chance to stop the downtrend, otherwise it will continue to fall.
Today I expect AUD/USD to trade between 0.6180 and 0.6280.
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