AUD/USD Price Analysis: Key Levels to Watch

Thursday, 28 March 2024, 14:14

The AUD/USD pair is currently testing the potential breakdown of an Ascending Triangle pattern near the critical level of 0.6520. This move comes as the pair finds support just below the psychological barrier of 0.6500 during the early American trading session. Traders should closely monitor the price action around 0.6520 for potential trend reversal signals.
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AUD/USD Price Analysis: Key Levels to Watch

Key Points:

The AUD/USD pair is testing the breakdown of an Ascending Triangle near 0.6520.

Support Level:

  • The pair finds support just below the psychological barrier of 0.6500.

Conclusion: Traders should pay attention to the price movement around 0.6520 for possible trend reversals.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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