AUD/USD 1-Hour Update – We’ve broken through a support zone, which has now turned into resistance in the pink area. A pullback has occurred, and it looks like the price is getting rejected, potentially heading toward the green support zone. This area could see buyers stepping back in, or, if you’re in a short, it might be a good place to consider reducing positions.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.