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Is this a bottom for AUDUSD?
Australian Dollar / U.S. Dollar
Is this a bottom for AUDUSD?
By positionforex
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5 days ago
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5 days ago
It's been a fantastic move lower, but is 0.6400 a spot for a reversal?
Nothing fundamental is serving as a catalyst for moving the pair in any direction for the rest of the year.
Trend: LSMA moving lower since 10/21/24
Momentum: Bearish
Japanese Candles: Inverted Hammer (imperfect) printed last week. Is this the bottom?
Chart Pattern: None
Support and Resistance: 0.6400 is Support, 0.6750 is a Bullish Target, 0.6200 is a Bearish Target
Fundamentals: No news this week or next
Trade: None
Stop: None
Fundamental Analysis
Technical Indicators
positionforex
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