Join us as we examine the AUDUSD’s impressive rally this week, propelling the pair towards its highest level since February 2023.
With a gain of 2.9% in the pair, the AUDUSD is testing critical levels, including the 61.8% retracement of the 2023 range and the June 2023 high range between 0.68899 and 0.68989. A successful break above and sustained stay above these levels would further solidify the buyers’ control.
In this video, we delve into the significance of these levels, discuss the market dynamics driving the AUDUSD, and analyze potential trading opportunities.
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