AUD/USD Outlook: Aussie Dips Below 0.60, Weighed By Strong Demand For The Greenback

<p>The Australian dollar fell below 0.60 handle on Friday, extending weakness into fourth day, pressured by broader US dollar gains, with low volumes accelerating Aussie’s negative action. Break below 10DMA (0.6036) and 0.60 support increases negative signals and exposes next key level at 0.5944 (Fibo 38.2% of 0.5509/0.6212 upleg) close below which would generate reversal […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/285082-aud-usd-outlook-aussie-dips-below-0-60-weighed-by-strong-demand-for-the-greenback/">AUD/USD Outlook: Aussie Dips Below 0.60, Weighed By Strong Demand For The Greenback</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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