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Forex news -forex broker review => Forex => Topic started by: PocketOption on Oct 18, 2022, 06:46 am

Title: AUDUSD Stays in Downtrend, But Struggles to Go for a Lower Low
Post by: PocketOption on Oct 18, 2022, 06:46 am
AUDUSD Stays in Downtrend, But Struggles to Go for a Lower Low

AUDUSD traded higher late on Friday and today after it found support at 0.6190, slightly above the two and a half year low of 0.617 hit on Thursday. Overall, the pair continues to trade below the downtrend line drawn from the high of September 13, as well as below a longer-term downside line, taken from […]


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Source: AUDUSD Stays in Downtrend, But Struggles to Go for a Lower Low (https://www.actionforex.com/contributors/technical-analysis/468686-audusd-stays-in-downtrend-but-struggles-to-go-for-a-lower-low/)