AUDUSD Still Waits for Support After New Lows

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<p>AUDUSD extends downtrend Short-term outlook is gloomy, but recovery attempts still likely Eyes on 0.6300 ahead of RBA meeting AUDUSD plunged to a new 10-month low of 0.6330 on Wednesday, putting the downtrend from July back into play ahead of RBA’s policy decision on Tuesday. The clear bearish breakout below the 2020 support trendline has […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/520712-audusd-still-waits-for-support-after-new-lows/">AUDUSD Still Waits for Support After New Lows</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>