AUD/USD: Holds in Extended Sideways Mode, Awaiting Key Economic Releases for Direction Signals

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<p>AUDUSD eases further on Monday and breaks below 200DMA which marks approximately the mid-point of 0.6525/0.6620 congestion, in which the pair is holding for the fifth straight day. Near-term action lacks clear direction signal while holding within the range, as daily MA’s are in mixed setup and momentum indicator is moving along with the centreline, […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/531239-aud-usd-holds-in-extended-sideways-mode-awaiting-key-economic-releases-for-direction-signals/">AUD/USD: Holds in Extended Sideways Mode, Awaiting Key Economic Releases for Direction Signals</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>