RockyHasan

AUDUSD to retrace lower towards 0.7190 area

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD has been pushing higher despite the recent positive USD reports but is it the final destination for Buyers? Currently the price created a new lower high which indicates further bearish pressure in the making ahead of the London session overlap. So, as per overall market context, the price may push lower towards 0.7190 area at least before showing any bullish intervention in the process.

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