AUDUSD TEMPORARY UPTREND AND CONTINUATION OF BEARISH TREND
181
The price has been in a downtrend since 2011, with lower highs and lower lows. The market is near a support zone around 0.62 - 0.63, where buying pressure is emerging If support holds, a potential reversal could push the price higher toward resistance levels near 0.69 - 0.70.If support breaks, the price could continue its downtrend towards 0.60 or lower