During the last 24 hours, the Australian Dollar versus the US Dollar has gained about 0.93% in value. The weekly S2 at 0.7058 provided support for the currency pair during yesterday’s trading session.
Technical indicators suggest that the AUD/USD exchange rate could edge lower within this session.
However, given that the currency exchange rate has breached both the 50-, 100– and 200-hour simple moving averages at 0.7099, it is likely that bullish traders will for a swing high of 0.7143 during the following trading session.
– advertisement –
Install your trader software at VPS server of one of the super fast providers:
Finance news
 Stock futures are little changed ahead of key inflation readingStock futures were little changed in overnight trading Tuesday ahead of a key inflation reading.Futures ... Read More  From Estee Lauder to Apple, big companies say China’s Covid restrictions are hitting businessFactories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site ... Read More  Fears of a Fed mistake grow as this week’s anticipated interest rate hike loomsJerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic ... Read More |
