Market Conditions for AUDUSD as at Sep 22, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Australian Dollar/US Dollar
Australian Dollar/US Dollar ProfileThe Australian Dollar/US Dollar (AUD/USD) currency pair, also known as the Aussie or the Ozzie is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. AUD is the base currency and USD is the quote currency, meaning that 1 Australian Dollar was worth 0.7169 US Dollar at the end of the New York trading session on Tuesday, -0.75% less than at the previous close.
Technical Analysis Summary for Sept. 22, 2020
Although AUD/USD is currently in a short-term downtrend, this could just be a correction, as both the medium and long-term trends are still bullish. Tuesday's trading range has been 81 pips (1.12%), that's slightly above the last trading month's daily average range of 72 pips. Further selling might move prices lower should the market test August's nearby low at 0.7077.
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