AUDUSD Daily Analysis – August 4, 2023

AUDUSD is in a downtrend from 0.6894, and the recent bounce from 0.6513 could be seen as a consolidation phase within this downtrend. It is likely that the price will range trade between 0.6513 and 0.6620 for a couple of days as part of the consolidation. As long as the resistance at 0.6620 holds, it … <a href="https://www.forexcycle.com/short-term-forex-analysis/136526-audusd-daily-analysis-august-4-2023.html">Continue reading<span> "AUDUSD Daily Analysis – August 4, 2023"</span></a>