Chat

AUDUSD News

(0 votes)


Last Updated Date: 11 January 2022 @ 12:13 PM (UTC)
*Please note that all the dates are in GMT time zone

Overall the market is bearish with a downside breakout likely sending trade to attack a 0.7129 weekly low. A close under 0.7129 is bearish. Current corrective rebounds trapped by 0.7222 will maintain bear forces. However, a punch over last week’s high alerts for a possible flip to bottoming trade. A close over 0.7250 confirms the start of a reversing upturn.
Chart

AUDUSD Live Price


sell
buy
Daily price range:
Low
High



RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.