AUDUSD Daily Analysis – June 27, 2023

The AUDUSD currency pair is currently encountering a significant obstacle in the form of a resistance level represented by a falling trend line on the 4-hour chart. The pair’s recent rebound from 0.6662 is being viewed as a consolidation phase within the broader downtrend that originated from 0.6899. Traders are closely monitoring the trend line … Continue reading "AUDUSD Daily Analysis – June 27, 2023"

AUDUSD Daily Analysis – June 27, 2023
The AUDUSD currency pair is currently encountering a significant obstacle in the form of a resistance level represented by a falling trend line on the 4-hour chart. The pair’s recent rebound from 0.6662 is being viewed as a consolidation phase within the broader downtrend that originated from 0.6899. Traders are closely monitoring the trend line … Continue reading "AUDUSD Daily Analysis – June 27, 2023"