AUDUSD Daily Analysis – August 7, 2023

AUDUSD is in a downtrend from 0.6894, and the price action from 0.6513 can be seen as consolidation within this downtrend. It is likely that the pair will engage in range trading between the support at 0.6513 and the resistance at 0.6620 for the next couple of days. As long as the resistance at 0.6620 … <a href="https://www.forexcycle.com/short-term-forex-analysis/136557-audusd-daily-analysis-august-7-2023.html">Continue reading<span> "AUDUSD Daily Analysis – August 7, 2023"</span></a>