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Australian Dollar Forecast for October 29, 2024
The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the fall and bullish channel. The moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument from the current levels. At the time of publication of the forecast, the Australian Dollar to the US Dollar exchange rate is 0.6602. At the moment, we should expect an attempt to develop a fall and a test of the support area near the ... (full story)
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- Oct 29, 2024 4:37am Oct 29, 2024 4:37am
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teprewitt23 - Joined Sep 2023 | Status: Trader | 99 Comments
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- Posted: Oct 29, 2024 1:29am
- Submitted by:Category: Technical AnalysisComments: 1 / Views: 5,803
