- AUD/USD takes offers to refresh intraday low during two-day downtrend.
- 200-EMA prods Aussie pair’s fall inside one-month-old ascending trend channel.
- Impending bear cross on MACD lures sellers but 0.6670 is the key to confirming bearish trend.
AUD/USD remains depressed for the second consecutive day, refreshing intraday low near 0.6730 amid the early European session on Wednesday. In doing so, the Aussie pair reveres Reserve Bank of Australia (RBA) Governor Philip Lowe induced corrective bounce while poking the 200-bar Exponential Moving Average (EMA).
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