AUDUSD Daily Analysis – July 26, 2023

AUDUSD is currently facing resistance from a falling trend line on the 4-hour chart. As long as this trend line resistance holds, the bounce from 0.6714 could be seen as a consolidation for the downtrend from 0.6894, and further decline towards the 0.6660 area is still possible. On the other hand, if the price manages … <a href="https://www.forexcycle.com/short-term-forex-analysis/136365-audusd-daily-analysis-july-26-2023.html">Continue reading<span> "AUDUSD Daily Analysis – July 26, 2023"</span></a>