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AUD/USD technical analysis: critical support holds
The AUD/USD pair have moved to a four-week trading low as Asian markets retreat over concerns about the corona- virus outbreak in China. AUD/USD analysis shows that bulls must defend the 0.6830 level to avoid the pair falling back towards their worst levels of 2019. AUD/USD medium-term price trend AUD/USD technical analysis shows that the pair have turned technically bearish this week, following the recent drop below 0.6900. The daily time frame shows that sellers have tested major trendline support from a downward move that has been in play since late-2018. As long as bulls can defend the 0.6830 level the AUD/USD ... (full story)