Greetings, beloved companions! Following a prolonged period of lateral movement, AUDUSD has at last regained its upward momentum. This resurgence is attributed to the weakening of the USD, which in turn provides substantial support for this particular currency pair.
Having effortlessly surpassed the 0.644 peak, there is potential for it to establish itself as a robust support level. Should there be a retest of the breakout area, it would further reinforce the significant progress made by this currency pair.
Having effortlessly surpassed the 0.644 peak, there is potential for it to establish itself as a robust support level. Should there be a retest of the breakout area, it would further reinforce the significant progress made by this currency pair.
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what do you think?
