AUDUSD has been stuck in a giant range of 0.6300 - low and 0.6900-high. Following the strong bounce back from the 0.6350 price surge. Currently trading below its 0.6800 price level with MACD in bullish territory and fresh bullish crossover above 0. A further continuation higher is anticipated with the next probable target 0.6850. A continuation above the level set the high of the range 0.6900 at the spotlight.
Trade closed: target reached
Price reach out target and currently retracing lower
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