AUDUSD Daily Analysis – August 14, 2023

Once the AUDUSD currency pair reached the resistance level of the descending price channel on the 4-hour chart, it experienced a sharp decline, falling to 0.6456. The drop below the support level of 0.6496 suggests that the downward movement from 0.6894 has resumed. Looking ahead, there is a possibility of further decline in the coming … <a href="https://www.forexcycle.com/short-term-forex-analysis/136633-audusd-daily-analysis-august-14-2023.html">Continue reading<span> "AUDUSD Daily Analysis – August 14, 2023"</span></a>