AUDUSD Daily Analysis – August 9, 2023

AUDUSD is contained within a falling price channel on the 4-hour chart, indicating the continuation of the downtrend from 0.6894. With the pair remaining within this channel, there is an expectation for further decline in the coming days. The next target for the pair could be around the 0.6450 area. Resistance is located at the … <a href="https://www.forexcycle.com/short-term-forex-analysis/136598-audusd-daily-analysis-august-9-2023.html">Continue reading<span> "AUDUSD Daily Analysis – August 9, 2023"</span></a>