The AUDUSD pair has been ranging recently.
Last week, the pair was mostly dominated by the bulls but was rejected when it got to the range RESISTANCE hence closing below the resistance.
Currently, the market is reacting to the resistance level and a Possible bearish move is expected on this pair.
Last week, the pair was mostly dominated by the bulls but was rejected when it got to the range RESISTANCE hence closing below the resistance.
Currently, the market is reacting to the resistance level and a Possible bearish move is expected on this pair.