AUDUSD Daily Analysis – August 24, 2023

AUDUSD has made a significant move by breaking above the resistance of the falling trend line on the 4-hour chart. This breakout indicates that the previous downward move from 0.6894 to 0.6363 has potentially concluded. With the breakout signaling a potential reversal in the pair’s direction, a further rally is expected in the coming days. … <a href="https://www.forexcycle.com/short-term-forex-analysis/136723-audusd-daily-analysis-august-24-2023.html">Continue reading<span> "AUDUSD Daily Analysis – August 24, 2023"</span></a>