AUDUSD Forex Pair Analysis

AUDUSD Forex Pair Analysis

Time Frame : 1 Hour Chart

Watch for Buy Entry Setup

AUDUSD has been sold down along with the weakness in the previous few sessions into the share market. We see the reaction today off 0.6450, after the recent flush below 0.6440, being a good sign that a short squeeze and run higher is on the cards. Watching now for price to consolidate around the 0.6478 zone and hold higher levels for a run up.

Currency Pair : AUDUSD

Current Price : 0.6473

Status : On watch for a break up through 0.6480