On Tuesday, the AUDUSD fell sharply with the US shares tumbling decrease. On Wednesday, the pair moved larger as shares corrected some of the declines. Yesterday, it was again down as shares slid once more.
In the present day with the shares falling once more, the AUDUSD has not moved decrease, however is buying and selling up and down inside a technical vary. The worth motion is diverging from the current norm.
Within the video above, I check out the AUDUSD pair from a technical perspective and description the important thing ranges in play as merchants take a breather from the risk-off/risk-on value motion.
