AUD/USD Price Analysis: Third Consecutive Trading Session Upholds Winning Trend

Thursday, 4 April 2024, 13:47

The AUD/USD pair has shown determination in breaking free from the descending triangle pattern hovering around the critical level of 0.6600. The market has been witness to the pair's sustained winning streak over the last three trading sessions, indicating a potential shift in sentiment. This breakout attempt near 0.6600 holds significance for traders and investors as it sets the stage for a potential bullish momentum in the AUD/USD pair going forward.
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AUD/USD Price Analysis: Third Consecutive Trading Session Upholds Winning Trend

The AUD/USD pair continues its positive momentum

The **AUD/USD pair** extends its winning spell for the third trading session on Thursday.

Key Highlights:

  • Initiative to breakout from descending triangle pattern near 0.6600
  • Upward trend maintained for three consecutive trading sessions

The breakout near the critical level of 0.6600 represents a potential shift in market sentiment, offering traders and investors an opportunity to capitalize on a bullish wave in the near term.


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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