AUD/USD at the Important 0.6858 Historical Level

May 24,2019 17:55   Source:Earnforex
The Australian dollar versus the US dollar currency pair consolidates just above the major support represented by 0.6858. So, what will happen here decides the fate of the pair for quite some while from now on. Long-term perspective The price is contained in the descending channel that started on January 2018, and the last depreciation brought the price at 0.6858. The importance of this level is backed by two factors. The first one is that […]

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