AUD/USD Price Analysis: Pre-open points to bullish correction, eyes on the 61.8% golden ratio – by fx_ross AUDUSD Technical Analysis
Eyes on 0.6275 on the upside and 0.6170 on the downside.
retracement near 0.6275. While below this area of resistance, the focus will be on a break of the fresh bear cycle lows near 0.6170 and for a downside continuation. If the US dollar bulls commit to the April/May 2002 areas, then this will be expected to weigh on theSt.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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