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29.09.202220:22 विदेशी मुद्रा विश्लेषण और समीक्षा: AUD/USD within down channel

Exchange Rates 29.09.2022 analysis

AUD/USD Minor Range!

AUD/USD dropped within a down-channel pattern. As long as it stays under the downtrend line, the price could approach and reach new lows. The downtrend line represents an upside obstacle.

In the short term, it's trapped between 0.6529 and 0.6446 levels. Technically, if it stays near the downtrend line, the AUD/USD pair could jump above it.

AUD/USD Trading Conclusion!

Staying below the downtrend line and dropping below the 0.6446 former low (downside obstacle) activates a deeper drop.

Jumping above the downtrend line and above the 0.6529 former high confirms a potential upside reversal.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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