AUD/USD Forecast for December January 31, 2024 by Chris Lewis for FX Empire

The Aussie dollar initially tried to rally during the trading session on Tuesday but gave back gain as the 50-day EMA has offered a bit of a barrier. At this point, it looks like the Aussie dollar is going to continue to consolidate in general.

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Charts provided by the courtesy of Barchart.

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1 個のコメント

  • I don’t see .65 as support. The .64500 might hold temporarily. You can see an inverse H&S pattern forming on the daily with a measured move to take out the lows at .62700 area.

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