Hello dear friends.
Last week, AUDUSD continued to trade in a calm manner around the 0.630 area. Currently, there have been no significant breakthroughs in any trend and the price remains close to the EMA 34 and 89 areas.
It is expected that in the coming period, this currency pair will continue to maintain its stability as it is now, with prices fluctuating within the expected range of 0.636 - 0.626. A breakout from the current trend could push the price of this currency pair further down as the downtrend is still a priority.
Last week, AUDUSD continued to trade in a calm manner around the 0.630 area. Currently, there have been no significant breakthroughs in any trend and the price remains close to the EMA 34 and 89 areas.
It is expected that in the coming period, this currency pair will continue to maintain its stability as it is now, with prices fluctuating within the expected range of 0.636 - 0.626. A breakout from the current trend could push the price of this currency pair further down as the downtrend is still a priority.
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