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AUD/USD Price Pauses Bears Above 0.7100, Outlook Remains Bearish

Started by forex4you, Apr 28, 2022, 06:01 am

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Apr 28, 2022, 06:01 am
AUD/USD Price Pauses Bears Above 0.7100, Outlook Remains Bearish

The AUD/USD pair reached support, and now it could try to rebound. A valid breakdown below the lower median line (LML) could activate more declines. DXY's retreat could push the pair higher. The AUD/USD price extended its drop as the Dollar Index accelerated its growth. The DXY reached new highs even if the US data … Continued


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