AUD/USD – Bearish Trend vs. Key Support

Bearish trend: The AUD/USD has been in a 2-month bearish trend since finding resistance just under 1.06 on January 10. The 4H chart shows persistent bearish signs, as the RSI reading has been tagging 30, and holding under 60 when it pulled back up. Also the moving averages have been in bearish…

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AUD/USD – Bearish Trend vs. Key Support