This article provides an exhaustive examination of AUD/USD, analyzing geopolitical tensions in the Middle East and scrutinizing important price levels worth watching in the coming days.
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Sep 21, 2023 when Wall Street traded near 34,068.90.The rally in U.S.
Focusing on technical analysis, AUD/USD rebounded from support around the 0.6300 handle on Monday, but failed to clear a key ceiling at 0.6350. It is imperative that traders keep a watchful eye on this area in the coming days, bearing in mind that a breakout could open the door to a move toward trendline resistance at 0.6425. On further strength, attention shifts to 0.6460, followed by 0.6510.
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