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AUD/USD Seeks Support

The Australian dollar struggles after cautious RBA meeting minutes. The pair had failed to bounce back from the demand zone around 0.7250 which lies on the 61.8% Fibonacci…
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AUD/USD Two Scenarios Likely

On Monday, the Australian Dollar rose by 44 pips or 0.60% against the US Dollar. The currency pair breached the 50– hour simple moving average at 0.7264 during the Asian session on…
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AUD/USD Sets For Breakout

On Friday, the Australian Dollar declined by 55 pips or 0.75% against the US Dollar. The currency pair was pressured lower by the 50– hour simple moving average during Friday’s…
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