Market Conditions for USDAUD as at Apr 01, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for US Dollar/Australian Dollar
US Dollar/Australian Dollar ProfileThe US Dollar/Australian Dollar (USD/AUD) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. USD is the base currency and AUD is the quote currency, meaning that 1 US Dollar was worth 1.6469 Australian Dollar at the end of the New York trading session on Wednesday, 1.04% more than at the previous close.
Technical Analysis Summary for April 1, 2020
While the currency is currently in a short-term downtrend, this could just be a correction, as both the medium and long-term trends are still bullish. Wednesday's trading range has been 393 pips (2.41%), that's slightly below the last trading month's daily average range of 532 pips. Selling might accelerate should prices move below the close-by swing low at 1.6093 where further sell stops could get triggered.
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