The AUDUSD market shows a short term up trend and holds potential for a move to 0.7063. A breakout close beyond 0.7063 could spark rallies ⇒ 0.7134. Corrective dips and congestion holding 0.6930 should maintain the bull alignment.
Last Updated Date: 23 January 2023 @ 9:12 AM (UTC)
*Please note that all the dates are in GMT time zone
The dollar started the week testing a fresh nine-month low as market participants bet on the US Federal Reserve trimming the size of its interest rate hikes for a second straight meeting in February.