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120522 AUDUSD

by | May 12, 2022 | AUD/USD | 0 comments

AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level. MACD which illustrated decreasing bullish momentum suggest the pair to extend its losses.

 

Resistance level: 0.6925, 0.6995

Support level: 0.6850, 0.6760