AUD/USD Faces Major Hurdle, Can It Recover?

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/08/f-aud144.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2021/08/f-aud144.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/08/f-aud144-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/08/f-aud144-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/08/f-aud144-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Key Highlights AUD/USD declined below 0.6650 and tested the 0.6525 zone. A major bearish trend line is forming with resistance near 0.6610 on the 4-hour chart. EUR/USD is consolidating losses near the 1.0900 zone. Crude oil prices might start another increase above the $75.50 resistance. AUD/USD Technical Analysis The Aussie Dollar started a major decline […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/536369-aud-usd-faces-major-hurdle-can-it-recover/">AUD/USD Faces Major Hurdle, Can It Recover?</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>