AUDUSD Erases June’s Upleg; Bias Bearish

<p>AUDUSD sank to a three-week low of 0.6596 on Wednesday as the bulls could not find enough buyers to jump above the 200-day simple moving average (SMA) at 0.6690. The pair is marking its second negative week, having trimmed more than half of June’s bull run to 0.6898. Downside pressures could persist in the coming […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/507769-audusd-erases-junes-upleg-bias-bearish/">AUDUSD Erases June’s Upleg; Bias Bearish</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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