AUDUSD Weekly Analysis – July 29, 2023

AUDUSD has been moving sideways in a trading range between 0.6170 and 0.7157 for several weeks. This sideways movement is likely a consolidation for the long-term downtrend from 0.8006. As long as the resistance of the falling trend line on the weekly chart holds, the downside move could be expected to resume, and a breakdown … <a href="https://www.forexcycle.com/long-term-forex-analysis/136421-audusd-weekly-analysis-july-29-2023.html">Continue reading<span> "AUDUSD Weekly Analysis – July 29, 2023"</span></a>