AUD/USD price: 0.7277 resistance holds
AUD/USD faces selling pressure below 0.7277 as bearish divergence builds. Analysis points to a retest of the 0.6832 support level next.
AUD/USD faces selling pressure below 0.7277 as bearish divergence builds. Analysis points to a retest of the 0.6832 support level next.
EUR/USD bounced off 1.1500, but the MACD stays below zero. I explain why this is a risky mean reversion play, not a true trend reversal yet.