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FX.co ★ AUDUSD broke below moving average! Drop incoming!

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Forex Analysis

6 August 2021 at 9:00AM (UTC+0)
iconRelevance until7 August 2021 at 9:00AM (UTC+0)

AUDUSD broke below moving average! Drop incoming!

AUDUSD broke below moving average and looks to face further bearish pressure. A further drop below our 1st resistance at 0.73973 towards our 1st support at 0.73612 could be possible.

AUDUSD broke below moving average! Drop incoming!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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