The AUD/USD price action has been on a downtrend since February 2nd. The bears have stayed on in this market, and this has caused the pair to witness a massive price decline. Even at this point, price action seems ready to fall lower based on signs coming from the technical indicators, used in the …
The bullish price was rejected at the $0.0193 resistance price level, and it resulted in a very significant bearish move. But the sellers fail to continue to push the price as they soon become exhausted, and at the support level of $0.0174, the bull market is bouncing back for more action. Key …
The Dash 2 Trade bearish stronghold at around the $0.0162 price level finally breaks as it can no longer take more pressure from the demand line. The supply line has remained unmoved while the bulls kept securing higher support levels, thereby putting more and more pressure on the position of the …
