The AUD/USD currency pair is currently moving within an rising channel and appears to be heading toward the upper resistance line of the trend.
However, if the price breaks below the first support level at 0.6480, it may signal a reversal, and the pair could start to decline. In that case, the next key support levels where the price might find buying interest or stabilize are around 0.6365 and 0.6335.
However, if the price breaks below the first support level at 0.6480, it may signal a reversal, and the pair could start to decline. In that case, the next key support levels where the price might find buying interest or stabilize are around 0.6365 and 0.6335.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.